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Glossary: Bankruptcy Estate

By Bankruptcy Attorney on Nov 6, 2008 in Bankruptcy Protection & Automatic Stay, Exemption Issues

BANKRUPTCY ESTATE: The sum total of the debtor’s legal and equitable interests as of the commencment of the case. This is the collection of assets and legal rights that a trustee administers for the benefit of creditors. Upstate New York Bankruptcy Attorney Peter Orville discusses property of the bankruptcy estate.

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