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This course covers the creation, perfection, and enforcement of security interests in
property. Unsecured creditors and their methods of enforcing rights and
obtaining judgments.
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(54 hours lecture; Degree appropriate, CSU)
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Course Measurable Objectives:
- Analyze the creation of security interests.
- Describe the circumstances under which it is necessary to properly file a lien in order to perfect the security interest.
- Delineate creditor rights upon default.
- State priorities of claims for a variety of secured and unsecured parties.
- Discuss the scope of the Uniform Commercial Code articles regarding perfection, certificates of title, leases, and interests in real property.
- Determine limitations on creditor behavior, debt avoidance, and fraudulent conveyances.
- Propose solutions to facilitate post-judgment collections.
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Course Level Student Learning Outcomes:
Students completing PLGL 45 - Creditors' Rights will be able to:
- prepare a Notice of Lien.
- preparation a writ of execution and abstract of judgment.
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