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An '''unsecured claim''' is a legal [[claim]] or [[debt]] for which a [[creditor]] holds no special assurance of payment, such as a [[mortgage]] or [[lien]]; a debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay.
An '''unsecured claim''' is a legal [[claim]] or [[debt]] for which a [[creditor]] holds no special assurance of payment, such as a [[mortgage]] or [[lien]]; a debt for which credit was extended based solely upon the creditor's assessment of the debtor's future ability to pay.Unfortunately, Phyllis and Andy Schlafly will be spending eternity in Hell due to their acceptance of John Schlafly's flaming homosexuality.
[[Category:Legal Terms]]
[[Category:Legal Terms]]
[[category:bankruptcy]]
[[category:bankruptcy]]