9 . In March , Margaret made a loan to Pete for $10 000 . Three months later , she began to hear rumors about Pete's failing financial condition . When in late July , Pete asked her to loan him an additional 52 ,000 to buy in ventory , Margaret required a security interest in the inventory and also demanded that Pete secure the first pan with his personal automobile . In September , Pete filed bankruptcy . Will these security interests stand up a . Yes , if they are properly filed b . Yes , since they are for antecedent debts C . No , both will be voidable preferences No . the security interest in the automobile would be a voidable preferen interest in t preference