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Required Disclosure
VELARDE
& PIERCE ATTORNEYS AND COUNSELORS AT LAW Gerald R. Velarde Chris W. Pierce Leslie
D. Maxwell 2531 Wyoming Blvd. NE (505) 248-1828 Albuquerque, NM 87112 FAX (505) 843-8369
IMPORTANT INFORMATION REQUIRED BY 11 U.S.C.
§527(a) Under the Bankruptcy Code, Velarde & Pierce is or may be a debt relief agency, helping people file
bankruptcy under the Bankruptcy Code, and you may be an “assisted person.” Please take notice that: (A) all
information that you (the “assisted person”) are required to provide with a petition and thereafter during a case
under this title is required to be complete, accurate, and truthful; (B) all assets and all liabilities are required to
be completely and accurately disclosed in the documents filed to commence the case, and the replacement value of each asset
as defined in section 506 must be stated in those documents where requested after reasonable inquiry to establish such value; (C)
current monthly income, the amounts specified in section 707(b)(2), and, in a case under chapter 13 of this title, disposable
income (determined in accordance with section 707(b)(2)), are required to be stated after reasonable inquiry; and (D) information
that an assisted person provides during their case may be audited pursuant to this title, and that failure to provide such
information may result in dismissal of the case under this title or other sanction, including a criminal sanction.
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