Secured Claim

A claim held by the creditor that is secured by a lien on, a mortgage on or other security interest in property of the debtor.

About The DailyDAC Editors

The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts and similar topics.

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The DailyDAC Editors
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