[Answered] Define cash collateral.. What will be an ideal response? ...

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Author Question: Define cash collateral.. What will be an ideal response? ... (Read 10 times)

Arii_bell

Hero Member
Posts: 596

on: Aug 3, 2018

Define cash collateral..

What will be an ideal response?

Question 2

Explain the purpose of a proof of claim.

What will be an ideal response?

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leahm14

Sr. Member
Posts: 322

Reply #1 on: Aug 3, 2018

Answer to Question 1

Income derived from property held by a debtor in possession.

Answer to Question 2

To verify the debt owed.

Arii_bell

Member
Posts: 596

Reply 2 on: Aug 3, 2018

Thanks for the timely response, appreciate it

matt95

Member
Posts: 317

Reply 3 on: Yesterday

Great answer, keep it coming

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