BANKRUPTCY-EFFECT OF DISCHARGE ON ASSIGNMENT OF EXPECTANCY

Authors

Abstract

The Bankruptcy Act of the United States provides for the preservation of liens against a bankrupt's property not specifically declared by the Act itself to be dissolved because of fraud or because obtained within four months prior to the filing of the petition in bankruptcy. A discharge in bankruptcy protects the bankrupt from personal liability but does not affect valid and subsisting liens. These may be enforced after the discharge is granted

Recommended Citation

BANKRUPTCY-EFFECT OF DISCHARGE ON ASSIGNMENT OF EXPECTANCY, 29 Mich. L. Rev. 921 (1931).
Available at: https://repository.law.umich.edu/mlr/vol29/iss7/9