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What is "Property of the Estate"?

Type: 
Debtor
Answer: 

“Property of the Estate” is a term of art used in the Bankruptcy Code.  The term includes nearly all of the debtor’s property at the time the debtor files the petition.  In a Chapter 13 case, the term also includes a debtor’s post-petition wages and other property that the debtor acquires before the case is closed.  Property of the Estate is protected by the automatic stay absent a lifting of the stay by court order or operation of law.