In liquidation cases the creditors look to the debtor's property at the commencement of the bankruptcy proceeding.

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In liquidation cases under bankruptcy law, creditors are entitled to look to the debtor's property as it exists at the commencement of the bankruptcy proceeding to satisfy their claims. This is because the bankruptcy estate is generally comprised of the debtor's legal or equitable interests in property as of the commencement of the case.

In Liquidation Cases the Creditors Look to the Debtor's Property