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due tonight at 11:59 pm Law 251 Business structures DISCUSSION QUESTIONS What is meant by the phrase property of the estate? Why is the

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due tonight at 11:59 pm Law 251 Business structures

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DISCUSSION QUESTIONS What is meant by the phrase " property of the estate"? Why is the general definition of estate property contained in 11 U.S.C. $541(a) intentionally broad? What is a trustee supposed to do with property of the estate? Why are post petition wages of a debtor not considered property of the estate in Chapter 7? Why are post petition wages of an individual debtor included as property of the estate in Chapters 11, 12, and 13? 5. Why is the product or proceeds of estate property also considered estate property? What is an ipso facto clause? What is a turnover complaint

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