I would never think of lying in court, the American court system is the beacon of honesty. From what i have heard nothing but the truth is able to go through the U.S. legal system.
No the point of bankruptcy is to seek the best possible way of settling debts. The Official Receiver can take up to sixty percent of your income for three years even when you are declared bankrupt.
Can they take social security income, disability income, or unemployment compensation? Can they take an inheritance?