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Simple English definitions for legal terms

estate's property

Read a random definition: Genetic Information Nondiscrimination Act (GINA)

A quick definition of estate's property:

Estate's Property: When someone files for bankruptcy, all of their possessions and assets become the property of the bankruptcy court. This includes anything they own or have a legal or equitable interest in at the time of filing. This is known as the estate's property or property of the estate.

A more thorough explanation:

ESTATE'S PROPERTY

Estate's property refers to the tangible and intangible property interests of a debtor that come under the jurisdiction of the bankruptcy court. These interests include both legal and equitable interests that were owned or held by the debtor at the time of filing the bankruptcy petition.

  • A person who files for bankruptcy may have estate's property that includes their house, car, bank accounts, investments, and other assets.
  • If a business files for bankruptcy, the estate's property may include its inventory, equipment, patents, trademarks, and other intellectual property.

These examples illustrate that estate's property includes all the assets that belong to the debtor and are subject to the bankruptcy court's jurisdiction. The court may use these assets to pay off the debtor's creditors and settle their debts.

estates of the realm | ester in judgment

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awman i was hopign to come home to a ucla wave
is it too late? its 2pm there
OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
Nah not a Garmin, Apple watch
We not gonna see splitterus for 4 hrs
HAHAHAHHA
MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
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JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
surely gtown 12 minutes from now
I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
Kind of a controversial take. I like experimental albums a lot
babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
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JumpySubsequentDolphin
17:21
i like noid
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JumpySubsequentDolphin
17:22
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JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
He's never really been my style tbh
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