Bankruptcy loophole allows debtors to transfer assets postpetition without interference.
The article explores what happens to a bankrupt person's assets after they file for bankruptcy. It argues that the bankruptcy trustee doesn't fully own the assets but has a claim on them. The bankrupt person still has some rights to their assets, which can sometimes be transferred without the trustee's approval. The article looks at how this balance works with bankruptcy laws that stop creditors from taking assets and the trustee's ability to undo transfers made after the bankruptcy filing.