The price that a secured party obtains on a sale of collateral is not all that the creditor can recover on the debt if there is a deficiency.

Name: The price that a secured party obtains on a sale of collateral is not all that the creditor can recover on the debt if there is a deficiency.
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If the sale of collateral does not fully satisfy the debt, the creditor may be able to pursue a deficiency judgment against the debtor for the remaining amount owed.

The Price That a Secured Party Obtains on a Sale