The payment of Dagmar's debt to Evander is guaranteed by Dagmar's personal property.This is

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A secured transaction is a legal agreement in which a borrower grants a lender a security interest in personal property that serves as collateral for a loan or other obligation. In this case, Dagmar's personal property serves as collateral to guarantee the payment of her debt to Evander. A lien is a type of security interest, but it only grants a creditor the right to take possession of the property if the debt isn't repaid. A real property mortgage applies to real estate, not personal property. Violating state laws would not be a valid choice.

The Payment of Dagmar's Debt to Evander Is Guaranteed by Dagmar's