By Operation of Law, the Trustee Automatically Becomes the Owner

question 50

True/False

By operation of law, the trustee automatically becomes the owner of all of the debtor's property in excess of the property to which the debtor is entitled under exemption laws.

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Definitions:

Nobel Prize

A prestigious international award given annually in several categories including Physics, Chemistry, Medicine, Literature, Peace, and Economic Sciences, recognized for outstanding contributions in these fields.

Trephining

A surgical intervention where a hole is drilled or scraped into the human skull, historically done for medical and ritualistic reasons.

Psychosurgery

A surgical operation on the brain intended to relieve severe mental disorders.

Biomedical Therapy

Treatments for mental disorders that involve physical techniques, such as medication, to alter brain chemistry or physiology.