Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer

Enter Your Zip Code to Connect with a Lawyer Serving Your Area

searchbox small
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-NOLO4:DRU.1.6.2.20140813.27175