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• A claim or debt for which a creditor holds no special assurance of payment, such as a mortgage or lien; a debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay.

  U.S. Courts - Cite This Source - This Definition
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  Cite Definition for unsecured claim

  American Psychological Association (APA)

  unsecured claim. (n.d.). US Bankruptcy Court Southern District of Iowa. Retrieved June 8, 2023, from website: http://www.expertglossary.com/definition/unsecured-claim.

  Chicago Manual of Style (CMS)

  unsecured claim. www.uscourts.gov. US Bankruptcy Court Southern District of Iowa. U.S. Courts. http://www.expertglossary.com/definition/unsecured-claim (accessed: June 8, 2023).

  Modern Language Association (MLA)

  "unsecured claim." US Bankruptcy Court Southern District of Iowa. U.S. Courts. 8 June. 2023 http://www.expertglossary.com/definition/unsecured-claim.

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