Identification
Definition
An Undersecured Creditor is a lender whose collateral value securing a loan is less than the outstanding debt owed by the borrower. This situation often arises in bankruptcy contexts, affecting the creditor’s ability to fully recover the loan amount through collateral liquidation.
Class Relationships
Sub Class Of
- • Creditor
Is Defined By
N/A
See Also
None
Parent Class Of 0
- • None
Class Hierarchy Visualization
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Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available