If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s other creditors) is usually obtained if you had previously received:
A. A security interest granted by the debtor. B. A written promise from the debtor to pay the debt as agreed.
C. Audited financial statements of the debtor.
D. The debtor’s agreement to pay you first.
If you are a creditor, your best protection in the event of the debtor’s bankruptcy (including protection from the debtor’s ot
