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Among the 3,582 random audits of individual Chapter 7 and Chapter 13 bankruptcy cases in fiscal 2007, 30% had at least one material misstatement, according to the report released April 30 by the U.S. Trustees Office. The federal judicial districts with the 10 or more audits, had reports of material misstatements that ranged from 9% to 55%, according to the report.
May 01, 2008 at 12:00 AM
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The original version of this story was published on National Law Journal
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