Assets
In the broadest legal sense, this is all the things a debtor owns or to which he or she has any legal rights.
Typically, this means actual things like real estate (a home or other building) or personal property (like household goods, automobiles and so on). And it can also mean intellectual property like copyright works, patents, inventions or designs.
It can also be claims against others for things like personal injury, breach of contract or simply debts owed.
Typically, this means actual things like real estate (a home or other building) or personal property (like household goods, automobiles and so on). And it can also mean intellectual property like copyright works, patents, inventions or designs.
It can also be claims against others for things like personal injury, breach of contract or simply debts owed.
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