Secured creditor - A secured creditor is an individual or business that holds a claim against the debtor that is secured by a lien on property of the estate. The property subject to the lien is the secured creditor's collateral.⏎
Witness - A person called upon by either side in a lawsuit to give testimony before the court or jury.⏎
Undersecured claim - A debt secured by property that is worth less than the amount of the debt.⏎
Settlement - Parties to a lawsuit resolve their dispute without having a trial. Settlements often involve the payment of compensation by one party in at least partial satisfaction of the other party's claims, but usually do not include the admission of fault.⏎
Subordination - The act or process by which a person's rights or claims are ranked below those of others.⏎