The Arizona state board has voted to begin the process of revoking the status of Phoenix-based Charter school, Starshine Academy following allegations of bankruptcy fraud.
A man accused of being a “serial filer” recently received a year long prison sentence for filing for bankruptcy over 10 times without ever having plans of following through on his claims.
Debtors will often go to the extreme in order to clear their names of debt. This often means committing bankruptcy fraud in an attempt to clear debt, or make money.