Problems
Alphabetical | Sequential

1. Unsecured debt

    Enforcement of judgment.1
    Enforcement of judgment.2

2. The nature of secured debt

    Illustrative transaction
    Relationship between debt and value of collateral
    Lawyer's standard of care

3. The creation and enforceability of consensual security

    Identifying collateral
    Enforceability of security interest
    Drafting a security agreement
    Value
    Equitable liens
    Future advances (Question A)
    Proceeds
    Cross collateral
    FTC Rule
   
4. Default and the state remedies system

    Default
    Reinstatement
    Security first
    Collection of receivables
    Self help repossession
    Strict foreclosure
    Foreclosure by disposition
    Deficiency.1 (personal property)
    Deeds in lieu
    Deficiency.2 (real property)
    Deficiency.3(real property)
    Problem:Waste
    Foreclosure on mixed collateral
    Guaranties

5. The intervention of bankruptcy

    Automatic stay
    Secured creditor in Chapter 11
    Secured creditor in Chapter 7
    Secured creditor in Chapter 13
    Avoiding liens that impair exemptions
    Preferences
    Secret liens   

6. Methods of Perfection and Recordation

    Automatic perfection
    Perfection by possession
    Certificate of title
    Location of filing and lapse
    Events subsequent to filing
    Perfection as to proceeds
    Perfection as to fixtures

7. Priority disputes

    SP vs. lien creditor
    SP vs. SP.1
    SP vs. SP.2
    Future advances (Questions B and C)
    SP vs. buyer.1
    SP vs. buyer.2
    SP vs. buyer.3
    SP vs. buyer.4
    Fixtures
    Summary (subpart (a))

8. Hidden security devices

    Summary (subparts (b), (c) and (d))