Gifts that a debtor is entitled to receive within 180 days after the petition is filed are part of the bankruptcy estate.

Question

Quizplus · Accepted Answer

According to the bankruptcy laws in the United States, gifts received by a debtor within 180 days after filing for bankruptcy are considered part of the bankruptcy estate and may be subject to seizure or distribution to creditors. This includes any monetary gifts, inheritances, or other valuable assets received during this time period. However, there are certain exemptions and limitations that may apply depending on the specific circumstances of the case.

Gifts That a Debtor Is Entitled to Receive Within 180