My sister is filing for bankruptcy. Among her assets, she is claiming a business my mother owns. She managed my mothers business, and after money was missing (50k+), she claimed it as her own business( a hair salon). She never invested a dime into this business. She made legal claims to it, over the last 12 months, in the end, she signed off on a court document claiming no ownership before or after. Now, she has this listed as an asset! How can my mother have this removed from my sister petition? Mind you, she has already cost my family thousands in legal fees over this, and my mother is a senior on a fixed income. If this business was in litigation, and the case later dropped, wouldn't a court document stating be enough to show at the creditors meeting, to have it removed? And, what is the punishment for lying on a asset document? Any thoughts?