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Enforcing Security Interests in Personal Property 11/2024

Enforcing Security Interests in Personal Property 11/2024

Published November 2024

This useful guide details the steps necessary for the secured creditor to enforce a security interest following a debtor's default. It also describes the defensive actions available to the debtor.

Coverage includes:

  • Evaluating Whether a Debtor has Defaulted
  • Selecting an Appropriate Remedy
  • Selling Collateral
  • After Selling Collateral or Collection of Accounts
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Table of Contents

    Table of Contents

  • I. When Evaluating Whether Debtor Has Defaulted
  • II. After Determining That Debtor Has Defaulted
  • III. When Selecting Appropriate Remedy
  • IV. After Selecting Remedy
  • V. If Repossessing Collateral
  • VI. When Selling Collateral
  • VII. After Selling Collateral or Collection of Accounts
  • VIII. When Anticipating Debtor's Actions

Authors

    Original Authors

  • Jerome A. Grossman
  • Dana Frederick Clarke

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