Security Agreement- Obligations of the Debtor

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Yusef El

Own and Creator of Private Side Solutions and SPC University

Comments 3

  1. Kingamongstkings

    in the expenditures section…shouldn’t it state that the DEBTOR pay all costs for…etc.? it says the secured party pays the secured party/

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  2. Kingamongstkings

    in the expenditures clause, it does not state the means of reimbursement to the secured party, how exactly is this accomplished?

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    • Yusef El

      Why do you think the secured party should be reimbursed? You are a creditor. You discharge a debt. This is not for your enrichment or your own self-aggrandizement. What do you think you are supposed to be reimbursed for?

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