In bankruptcy proceedings, the______ is all of the debtor's interests in property currently held and wherever located, as well as interests in certain property to which the debtor becomes entitled within 180 days after filing for bankruptcy.

Question

Quizplus · Accepted Answer

The correct term is "bankruptcy estate," which encompasses all of the debtor's current property interests and certain interests they may acquire within 180 days after filing for bankruptcy. This includes property located anywhere, not just the property physically located where the bankruptcy was filed.

In Bankruptcy Proceedings, The______ Is All of the Debtor's Interests