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A secured creditor whose claim exceeds the value of the collateral may submit a proof of claim and become an unsecured claimant as to the difference. (A) True (B) False

A secured creditor whose claim exceeds the value of the collateral may submit a proof of claim and become an unsecured claimant as to the difference. (A) True (B) False
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A secured creditor whose claim exceeds the value of the collateral may submit a proof of claim and become an unsecured claimant as to the difference.

(A) True
(B) False

User Ashish Pani
by
8.0k points

1 Answer

2 votes
The answer would have to be true
User Tapan
by
8.5k points
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