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Greifendorff Law Offices, PC | Christine Wilton
Generally, secured debts are those secured by a lien; i.e., an automobile loan or mortgage. Unsecured debts are those you've simply signed for; i.e., credit cards.
Answer Applies to: California
Replied: 9/22/2010
Diefer Law Group, P.C. | Abel Fernandez
Secured debts are ones where the creditor has a lien on the asset examples are cars, homes, appliances, etc.
Answer Applies to: California
Replied: 9/22/2010
Law Office of Barbara Seeley Curtis | Barbara Curtis
Secured is car and house. To keep car and house you agree to make payments. Call for an appointment.
Answer Applies to: Florida
Replied: 9/22/2010
Ariano & Reppucci | Chris Ariano
A secured debt is a debt that is secured by a piece of property. For example, a mortgage or car payment. You must be current and willing to reaffirm a secured debt to keep the property.
Answer Applies to: Arizona
Replied: 9/22/2010
The Law Office of Mark J. Markus | Mark Markus
Secured debts are debts which are, either voluntarily or involuntarily, secured by a lien against specific collateral. Voluntary liens are given by signing a security agreement, such as on a home mortgage or vehicle loan. Involuntary liens are obtained by obtaining a court judgment, and then recording the judgment or obtaining a specific order to lien against a specific item.
Unsecured debts are, as you might guess, debts which are not secured by any collateral.
Unsecured debts are, as you might guess, debts which are not secured by any collateral.
Answer Applies to: California
Replied: 9/21/2010
