If you are a creditor,your best protection in the event of the debtor's bankruptcy (including protection from the debtor's other creditors)is usually obtained if you had previously received:

Question

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A security interest granted by the debtor would provide the creditor with a priority claim to the debtor's assets in the event of the debtor's bankruptcy, giving the creditor better protection than the other options listed. The other options may provide some level of protection, but not to the same extent as a security interest.

If You Are a Creditor,your Best Protection in the Event