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	<title>Law Offices of Lance L. Lee &#187; secured debt</title>
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		<title>What&#8217;s the difference between secured and unsecured debt?</title>
		<link>https://lancelee.com/faqs/whats-the-difference-between-secured-and-unsecured-debt/</link>
		<comments>https://lancelee.com/faqs/whats-the-difference-between-secured-and-unsecured-debt/#comments</comments>
		<pubDate>Mon, 10 Feb 2014 23:50:18 +0000</pubDate>
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		<description><![CDATA[Secured debt is a claim that&#8217;s secured by some type of property, either by an agreement or involuntarily with a court judgment or taxes. Creditors can generally claim the property (and take it to pay off the debt ) in the event of bankruptcy.  Unsecured debt is not tied to any type of property, and [&#8230;]]]></description>
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