An unsecured creditor is no different from a creditor who fails to register a security interest under provincial PPSA legislation.

Name: An unsecured creditor is no different from a creditor who fails to register a security interest under provincial PPSA legislation.
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Question

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Both unsecured creditors and creditors who failed to register a security interest do not have a secured interest in the debtor's assets and are therefore considered unsecured creditors.

An Unsecured Creditor Is No Different from a Creditor Who