If a debtor defaults,what type of court order does the secured party need to take possession of the collateral?
A)An order to take possession
B)A declaratory judgment
C)A summary judgment
D)A temporary injunction
E)The secured party does not need an order to take possession.

Question

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According to Uniform Commercial Code Section 9-609,if a debtor defaults on a loan,the secured party can take possession of the collateral.The secured party may act without a court order to retain possession of the property,but the secured party may not breach the peace in repossessing the property.

If a Debtor Defaults,what Type of Court Order Does the Secured