§1115 Property of the Estate

Summary

When an individual files a bankruptcy case, the bankruptcy estate also includes two things on top of what section 541 already lists. First, any property like the kinds in section 541 that the person gets after the case begins but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first. Second, pay or earnings from work the person does after the case begins but before the case is closed, dismissed, or converted to a case under chapter 7, 12, or 13, whichever occurs first. Unless section 1104 or a confirmed plan or an order approving a plan says otherwise, the person who filed the case keeps possession of all estate property.