I’ve written several posts about property ownership and what owning property means in bankruptcy law. Determining whether an asset is property of a bankruptcy estate and thus subject to administration by a Chapter 7 bankruptcy trustee is critical to a debtor’s attorney’s job. The bankruptcy court plays a crucial role in determining whether an asset is property of the bankruptcy estate. As I wrote earlier, one of the tricky issues is that property of the bankruptcy estate can include property that a debtor does not yet control or possess.
Commissions and Residual Payments In Bankruptcy
I’ve written several posts about property ownership and what owning property means in bankruptcy...