What Happens To Lenders' Collateral During Bankruptcy? - Law360...

09/25/14


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What Happens To Lenders' Collateral During Bankruptcy?
Law360 (subscription)
One of the chief benefits of a bankruptcy sale is Section 363(f) of the Bankruptcy Code, which gives the debtor the ability to strip liens from sale assets. Debtors routinely use this statute to sell their property “free and clear” of liens. Section ...

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