Debts Chargeable Against All Assets

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Every debtor's property, except such as may be specially exempt by law, is assets for the satisfaction of all the debtor's just debts.

Code 1858, § 2252 (deriv. 5 Geo. II, ch. 7, § 4); Shan., § 3985; Code 1932, § 8197; T.C.A. (orig. ed.), § 30-508.

Cross-References. Insolvent estates, title 30, ch. 5.

Sale of land to pay debts, title 30, ch. 2, part 4.

Textbooks. Pritchard on Wills and Administration of Estates (4th ed., Phillips and Robinson), §§ 611, 849, 852.

Law Reviews.

Creditors' Rights and Security Transactions — 1954 Tennessee Survey, 7 Vand. L. Rev. 799 (1954).

Insurance Proceeds in Trust (Troy Beatty, Jr.), 28 Tenn. L. Rev. 344 (1961).

Rights of Creditors in Insurance — The Tennessee Exemption Statutes (Paul J. Hartman), 5 Vand. L. Rev. 760 (1952).


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