In a dispute between a secured perfected creditor and a secured unperfected creditor for claim to collateral,the secured perfected creditor would be the prevailing party.

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If both creditors are secured,the determination of priority for claim to collateral is based on time and perfection.According to Uniform Commercial Code Section 9-317,the party that perfected its interest first will have priority in claim to the collateral.

In a Dispute Between a Secured Perfected Creditor and a Secured