Discussion - 2 hours. Secured transactions are transactions where a lender takes an interest in the debtor’s property as “collateral,” or security, for repayment of a loan. This course will cover secured transactions in personal property, such as auto loans and bank loans against business inventory. Time permitting, the course will give limited coverage to secured transactions in real property such as home mortgages. Potential subtopics include foreclosure; repossession; replevin; judicial sales; default; acceleration; reinstatement and cure; modification of debt in bankruptcy; the attachment, perfection, and priority of security interests; filing systems; bankruptcy avoiding powers; cross-collateralization; marshaling; and statutory liens.