Secured Transactions Project

A Secured Transactions Project involves studying how businesses and individuals can secure loans or credit using assets as collateral. It explores legal rules and procedures that govern the creation, perfection, and enforcement of security interests in personal property, ensuring lenders can recover their loans if borrowers default. The project typically examines laws like the Uniform Commercial Code (UCC), analyzing how security agreements, priority rights, and filing systems work to balance interests between debtors and creditors in credit arrangements.