Listing Assets in Oklahoma Chapter 7 Bankruptcy 
 
What happens if I do not include all my assets in my bankruptcy

When you file a bankruptcy in Oklahoma you need to be sure to list all assets, even ones that you think nobody cares about. Failure to do so could result in jail time. The Department of Justice does not look kindly on fraud in a bankruptcy petition. If you're not sure about something, err on the side of thoroughness and full disclosure. You do not want the hassle of amending your assets later or trying to explain to the trustee or Department of Justice why you neglected to include in your schedules the old fork-lift in the back that you later sold for $1,500.