Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
I have another problem I think. I completed this form when I first completed an application for employment/background check. At that time, I didn't realize what compromise of creditors was and also thought the date the home was surrendered was in 2000. This of course became an issue when I was reading the instructions for the U4 which is why I was trying to get clarification today. My next question is what is the best action in terms of completing this form now with a yes to the compromise when I earlier indicated no. My background investigation has been completed so I am just so confused on this. But I certainly want what I'm submitting to be correct and true. Should I contact the recruiter of the firm I am with and see what they recommend? The u4 form notes that a compromise can include abandanment of property. On the previous form I completed there were two separate lines - one asking about bankruptcy and the other about a compromise. The form I am working on today has both questions in one line. It also asks if a corporation handled the compromise on my behalf. In the case of a surrender, would that be a yes or no answer. Your assistance is greatly appreciated.
Thank you again,