secured creditor
Defined in 4 dictionaries — Case Law, Ballentine's (1916), Bouvier (1914), Black's (1910)
Definitions from Case Law
From 295 U.S. 243 - Ivanhoe Building Loan Ass'n of Newark Nj v. Orr · 1935Most cited · 165 citing opinions
Secured creditor' shall include a creditor who has security for his debt upon the property of the bankrupt of a nature to be assignable under this Act (title), or who owns such a debt for which some indorser, surety, or other persons secondarily liable for the bankrupt has such security upon the bankrupt's assets.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
Under the bankrupt aot it includes a creditor who has security for his debt upon the property of the bankrupt, of a nature to be assignable under the act, or who owns a debt for which some indorser, surety or other person secondarily liable for the bankrupt has such security upon the bankrupt’s assets. A creditor of a bankrupt holding a mortgage on exempt property is not a secured creditor; In re Bailey, 176 Fed. 99.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910