Article 146 of Bankruptcy Law

The divestment of the debtor’s powers of administration and disposition shall encompass all assets owned by the debtor on the day the decision opening bankruptcy declaration proceedings is issued and assets whose ownership devolves upon the debtor after issuance of the aforementioned decision. The divestment of the debtor’s powers of administration and disposition shall not encompass the following: 1 - Assets that may not legally be attached and the allowance granted to the debtor. 2 - Assets owned by others. - Rights relating to the debtor’s person or personal status. 4 - Compensation due to the beneficiary under a valid insurance contract concluded by the debtor before issuance of the decision opening bankruptcy declaration proceedings. The beneficiary shall return to the trustee all insurance premiums paid by the debtor from the day designated by the Bankruptcy Judge or the Bankruptcy Court as the date of cessation of payment, unless the law provides otherwise.