Secured debt gives the creditor, called a ____creditor, the right to attempt to get control of the property, such as a house, a car, or other assets, that the debtor originally offered to the lender to obtain a loan.

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Secured debt is linked to collateral, meaning the creditor has the right to take control of the specific property (collateral) if the debtor fails to meet the terms of the loan agreement. This makes the creditor a "secured" creditor, as their loan is secured by an asset.

Secured Debt Gives the Creditor, Called a ____Creditor, the Right