adequate protection

adequate protection

Bankruptcy. The protection afforded to a holder of a secured claim against the debtor, such as a periodic cash payment or an additional lien [the bankruptcy court permitted the lender to foreclose on the debtor’s home after finding a lack of adequate protection of the lender’s property interest].11 USCA ¡ì 361. [Cases: Bankruptcy 3062.C.J.S. Bankruptcy ¡ì 208.]
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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.