Secured Claim at Law Glossary
What is it? Where a claim is secured by a lien, the code limits that secured claim to the value of the property less any higher priority liens.Legal Definition Added By: Gabriel
The Secured Claim definition has been viewed 725 Time(s)!
Send To Friends!
If you'd like to send the Secured Claim definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Secured Claim. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Law Terms:
Legal Term Statute is A law passed by a legislature.Legal Term Application is The act of applying to a Court
Legal Term VOIR DIRE is A French phrase that means to speak the truth. The process of interviewing prospective jurors. Pronounced vwa dear.
Legal Term Petitioner is The person who starts a case that uses petitions rather than complaints to start the case. In family cases, the terms petitioner and respondent are used in domestic violence cases and dissolutions. This person is the petitioner for as long as the case is open.
Legal Term criminal solicitation is the encouraging, requesting, or commanding of another person to commit a crime.