Whose only legal remedy is to bring a lawsuit against a borrower to try to recover the money loaned?

Question

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Unsecured creditors do not have any collateral or security for the debt owed to them. Hence, their only legal remedy is to file a lawsuit against the borrower to try to recover the money loaned. Secured creditors, on the other hand, have collateral that they can seize if the borrower defaults on the loan. Mortgagors are individuals or entities who borrow money using real estate as collateral, and government agencies can have various legal remedies available to them depending on the circumstances.

Whose Only Legal Remedy Is to Bring a Lawsuit Against