Does the commencement of liquidation proceedings for the debtor affect the creditor's right to previously established fixed securities over receivables collected after the commencement of the proceedings?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The commencement of liquidation proceedings for the debtor does not affect the creditor's right to previously established fixed securities over receivables, even if those receivables were collected after the commencement of the liquidation proceedings, and they are not automatically considered part of the general bankruptcy estate.
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