When a debtor defaults on a loan secured by personal property, the secured lender has several options for repayment. One option is to sell the collateral securing the debt pursuant to Article 9 of the Uniform Commercial Code...more
6/3/2015
/ Article 9 ,
Buyers ,
Commercial Bankruptcy ,
Creditors ,
Debtors ,
Default ,
Foreclosure ,
Loans ,
Personal Property ,
Rebuttable Presumptions ,
Remedies ,
Sale of Assets ,
Successor Liability ,
Uniform Commercial Code (UCC)