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What is the difference between secured and unsecured credit? What are the various ways in which security interests are created in real property? What is

  1. What is the difference between secured and unsecured credit?
  2. What are the various ways in which security interests are created in real property?
  3. What is a mechanic's lien?
  4. What is the difference between a surety arrangement and a guaranty arrangement?
  5. What are the most common collection remedies?
  6. What are some of the statutes in place to help prevent the abuse of debtors by creditors?

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