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Property of the Estate & Inherited Property
Property of the Estate & Inherited Property

11 USC 541(a) dictates that upon the filing of a bankruptcy case, an estate is created. This estate includes all legal and equitable interests of the debtor at the time of filing, and in certain instances, interests in property that arise after the filing of a bankruptcy ...

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Blog posts in Bankruptcy Trustee

  • Motion to Extend the Automatic Stay

    One of the most important protections bankruptcy affords - and one could make the argument that it is the most important - is the protection afforded ...

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  • Handling a Trustee's Motion to Dismiss

    Bankruptcy can be a stressful time in someone's life. They're dealing with financial terms and issues they're not overtly familiar with, creditors are ...

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  • Preparing for the 341 Meeting of Creditors

    The idea of going to court can bring trepidation to even the calmest individuals. This is especially true in bankruptcy situations, where financial ...

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  • The Role of the Chapter 7 Trustee

    The primary role of the Chapter 7 trustee is to administer your bankruptcy case. Once you file your Chapter 7 bankruptcy, a trustee is appointed to ...

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  • Social Security and Personal Injury in Bankruptcy

    If you recall, a major theme of these posts, and bankruptcy in general, is the fact that assets can make a major difference not only in what chapter ...

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  • Can You Keep Property in a Chapter 7 Bankruptcy?

    A common misconception in Chapter 7 bankruptcy is that the debtor's property will be lost when they file their case. For the majority of cases, this ...

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  • The Trustee's Motion to Dismiss

    When someone files for bankruptcy, their case is assigned to an interim trustee who handles the administering of the case from the onset to discharge. ...

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  • Winning the Lottery in Bankruptcy

    Bankruptcy deals, in large part, with assets. Before each Chapter 7 and Chapter 13 case, there is a determination of what assets the debtor has. In ...

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  • Converting From a Chapter 13 to a Chapter 7

    With the advent of the income median level and the means test, debtors who previously might have been able to file a Chapter 7 bankruptcy have been ...

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