Bankruptcy – can you just amend to make the problems go away?

The answer usually is yes... but this court decision begs to differ.As quoted in the recent 7th Circuit decisionStamat v. Neary, No. 09-3448 (March 24, 2011) N.D. Ill., E. Div. AffirmedThe US trustee objected to discharge of the debtor under 11 USC 724(a)(4). The debtor had several glaring omissions and errors in the schedules and statement of financial affairs. Apparently, the debtor misstated income on debtor's tax return, although defunct at the time of filing, the debtor failed to...