Collateral, Creditor's Rights and Secured debt

Secured vs Unsecured Debt: Everything You Need to Know

Sawin & Shea

NOVEMBER 15, 2023

And possibly the most common question people ask is credit card debt is secured or unsecured. Secured vs Unsecured Debt: What’s the Difference? In broad terms, if a debt is secured, it means it is backed up by collateral property. Unsecured Debt What is unsecured debt?

Unsecured Debt

Unsecured Debt Chapter 7 bankruptcy Collateral Bankruptcy

Default Interest Rates are Presumed Reasonable Under Sec. 506(b), and a Bankruptcy Court May Not Use the Fair and Equitable Language of Sec. 1129(b) to Conclude Otherwise

The Creditors Rights

MAY 24, 2016

The value of the bank’s collateral exceeded the amount the bank was owed. The BAP held the bankruptcy court erred In using § 1129(b) to deny Wells Fargo default interest on its claim. The facts in Beltway One were straightforward. Consequently, the BAP concluded Entz-White was not applicable to the present case.

Bankruptcy

Bankruptcy Debtor Creditors Collateral

Creditor Collections Today

Secured vs Unsecured Debt: Everything You Need to Know

Default Interest Rates are Presumed Reasonable Under Sec. 506(b), and a Bankruptcy Court May Not Use the Fair and Equitable Language of Sec. 1129(b) to Conclude Otherwise

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