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After-Acquired Property
1) Property that a person acquires after taking on a debt, which becomes additional collateral for the debt. Typically, this occurs when the debtor has signed an agreement pledging all property as security for the debt. 2) Property acquired by a debtor after filing for bankruptcy. 3) Property someone acquires after making a will.
LA-WS3:CM.1.0.2.130926.22910