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secured claim

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 502 U.S. 410 - Dewsnup v. Timm · 1992Most cited · 3,196 citing opinions

only a claim for which a lien has been given as security (whether or not the security is adequate), then the prologue of § 506(d) can be reformulated as follows: "To the extent that a lien secures a claim against the debtor that is not an allowed claim secured by a lien, such lien is void.