Commentary

45 After-acquired property

CHOSES IN ACTION vol 7
| Commentary

45 After-acquired property

| Commentary

45 After-acquired property

By the Insolvency Act 1986 Section 333(2) a bankrupt is required to give the trustee notice of any after-acquired property or any increase in income. Subject to various qualifications the trustee may then by notice in writing claim such after-acquired property or increase in income for the bankrupt’s estate1.

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