Silicon Valley Business School

Bankruptcy: Secured Transactions
Free Extracts from the Bankruptcy & Cash Crisis Management Course
Below you are free to explore extracts of the learning materials included in this course. If you're interested in educating yourself on these topics, we recommend that you review all these materials. If you're looking for a credential, please take a look at the certificate version of this course which will test your understanding of the materials and track your progress through the course until you have completed it and earned your certificate.

  • Video ~ Secured Transactions

PDF slides for the learning material titled: "Video~Secured Transactions".

  • Video ~ Secured Transactions - Lesson 1

  • Video ~ Secured Transactions - Lesson 2

  • Video ~ Secured Transactions - Lesson 3

  • Video ~ Secured Transactions - Lesson 4

  • Video ~ What is a Lien?
A lien is nothing more than a property interest that secures a debt. A judgment can create a lien in real estate, or if the sheriff "levies" on property, that will create a lien on that property. The most important thing to keep in mind about a lien is that it relates to a specific piece of property.

  • Video ~ What is a Judicial Lien?
A judicial lien is a lien that arises after a judgment is entered against a defendant. Generally, a judgment automatically becomes a lien in real estate, that the defendant has in the county.

  • Video ~ What is Lien Perfection?
Frequently more than one lender will make a loan to someone secured by their home, their car, their business assets or their other property. Once a lender records a notice of their lien with a state or county recording office, other lenders will know of that lien's existence and decide whether or not to make a loan: The act of recording this notice with a state or county recording office is known as "Perfection". Priority of liens in a piece of property depends on the date that notice is recorded, also known as the date of perfection.

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