Match the definitions to the correct terms. [Choose ] Property right that enables the creditor to take possession of the property if the debtor does not pay the amount owed. [Choose] An order of the bankruptcy court relieving the debtor from obligation to pay the unpaid balance of most claims. [Choose ) Transfers of property by a debtor to one or more specific creditors to enable these creditors to obtain payment for debts owed. Perfection given for a limited period of time to creditors. [Choose ] Perfection given by statute without specific filing or possession requirements on th part of the creditor. [Choose ] Discharge of Bankruptcy Security Interest Temporary Perfection Preferences Automatic Perfection Match the definitions to the correct terms. Liquidation form of bankruptcy under federal law. ( Choose 2 4 An excess of debts and liabilities over assets, or inability to pay debts as they mature. [Choose ] [Choose ] 4 The security interest in the goods a seller sells on credit that become the collateral for the creditor/seller. [Choose ] A security interest with priority because of filing, possession, automatic or temporary priority status. A proceeding in which a credit [Choose ] or creditors file the petition for Involuntary Bankruptcy relief with the bankruptcy cout Chapter 7 Bankruptcy Insolvency Purchase Money Security Interest (PMSI) Perfected Security Interest