In a bankruptcy, must you disclose income you gain from boarders?
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In a bankruptcy, must you disclose income you gain from boarders?
Asked on October 10, 2011 under Bankruptcy Law, Iowa
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Yes, you will need to list all income including the rental income from the boarders. One of the bankruptcy schedules (forms) is for your income and expenses which is where your income is listed.
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