fraudulent concealment

fraudulent concealment
The suppression of, or silence concerning, a fact material to be known and which the party is under a duty to communicate because of a confidential relationship between the parties or the particular circumstances of the case. American Nat. Bank v Fidelity & Deposit Co. 131 Ga 854, 63 SE 622. As a bar to discharge in bankruptcy:–the failure of the bankrupt to disclose his property to his trustee in bankruptcy after having had reasonable opportunity so to do. 9 Am J2d Bankr § 695. As a criminal offense against the Bankruptcy Act:–knowingly to conceal from the receiver, custodian, trustee, marshal, or other officer of the court charged with the custody or control of property, or from creditors in any proceeding under the Bankruptcy Act, any property belonging to the estate of a bankrupt; to conceal property knowingly, in contemplation of a bankruptcy proceeding, with intent to defeat the bankruptcy law. 18 USC § 152, paragraphs (1),(6).

Ballentine's law dictionary. . 1998.

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  • concealment — I noun camouflage, confinement, cover, deceitfulness, disappearance, disguise, disguisement, duplicity, evasion, furtiveness, hiding, incognito, inconspicuousness, invisibility, nonappearance, obfuscation, obscurity, obsuration, privacy,… …   Law dictionary

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  • Concealment — As it relates to insurance, the act of purposefully not reporting information that would affect the issuance or rate of an insurance contract. If the information cannot be known to the insurer and is known to be material by the insured,… …   Investment dictionary

  • fraudulent separation — The procuring of one s own separation from the armed forces by false representations or deliberate concealment as to his eligibility for separation. 10 USC § 883. The effecting by one person of the separation of another from the armed forces,… …   Ballentine's law dictionary

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