Bankruptcy Estate Definition

Bankruptcy Estate – all of the Debtor’s property or interests or right to property or interests on the date of filing. Certain property interests, such as an inheritance, lottery winnings, etc. may be part of the estate if acquired within 180 days of the bankruptcy filing. In a Chapter 13 bankruptcy, the Debtor’s future disposable income are part of the bankruptcy estate. The Debtor protects certain property, such as his home, cars, household goods, etc. using exemptions.