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 13:38, September 15, 2014
It has been suggested that this article or section be merged with [[::Secured debt|Secured debt]]. (Discuss)
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.