MenuThe debtor's property under the administration of the bankruptcy trustee is considered the bankruptcy estate. When a trustee abandons property, he or she has released it from the estate. Property possessed by the debtor is typically abandoned to the debtor; however, property encumbered by liens might be abandoned directly to the secured lien holder for repossession.
Abandon
Release of property from the bankruptcy estate by the trustee due to its inconsequential value or burdensome nature. Abandoned property may return to the debtor.
