When a debtor in bankruptcy provides some type of collateral to protect a claim holder from depreciation, pending the formulation of a repayment plan. Pending that plan, the debtor has continued possession or use of the collateral.
When a debtor in bankruptcy provides some type of collateral to protect a claim holder from depreciation, pending the formulation of a repayment plan. Pending that plan, the debtor has continued possession or use of the collateral.