Difference between revisions of "Secured debts"
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| − | '''Secured debts''' in bankruptcy consist of a debt for which the debtor gave the creditor a right to repossess the property or goods used as collateral. | + | '''Secured debts''' in [[bankruptcy]] consist of a debt for which the [[debtor]] gave the [[creditor]] a right to repossess the property or goods used as [[collateral]]. |
[[Category:law]] | [[Category:law]] | ||
Revision as of 18:16, November 2, 2007
Secured debts in bankruptcy consist of a debt for which the debtor gave the creditor a right to repossess the property or goods used as collateral.