Under Chapter ___________, the bankruptcy estate does not include wages earned after commencement of the case.

Question

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Under Chapter 7 bankruptcy, the bankruptcy estate includes almost all types of property that the debtor owns at the time of filing, but it does not include wages earned after the bankruptcy case is commenced. This is because Chapter 7 is a liquidation bankruptcy, where the debtor's non-exempt assets are sold to pay off creditors, and the debtor's future income is not part of the estate to be liquidated.

Under Chapter ___________, the Bankruptcy Estate Does Not Include Wages