BANKRUPTCY-EFFECT OF DISCHARGE ON ASSIGNMENT OF EXPECTANCY

The Bankruptcy Act of the United States provides for the preservation of liens against a bankrupt\u27s property not specifically declared by the Act itself to be dissolved because of fraud or because obtained within four months prior to the filing of the petition in bankruptcy. A discharge in bankruptcy protects the bankrupt from personal liability but does not affect valid and subsisting liens. These may be enforced after the discharge is grante