A secured creditor must ________ the collateral if he or she receives a written objection to the proposal from a person entitled to receive notice within 20 days after the notice was sent.
A)dispose of
B)repossess
C)retain
D)claim

Question

Quizplus · Accepted Answer

If a secured creditor receives a written objection to the proposal to retain the collateral, they must dispose of the collateral, typically through sale, to satisfy the debt.

A Secured Creditor Must ________ the Collateral If He or She