When a Secured Claim Is Not Fully Settled by the Selling

question 34

Multiple Choice

When a secured claim is not fully settled by the selling of the underlying collateral, the remaining portion:

• A) of the claim cannot be collected by the creditor.
• B) remains as a secured claim.
• C) is classified as an unsecured priority claim.
• D) is classified as an unsecured nonpriority claim.

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