Question: 1. What is the difference between a secured debt and an unsecured debt?
2. Describe the methods available to an unsecured creditor to collect a debt.
3. Why do you think that certain liens, such as tax liens, were created by law?
4. Harper bought a TV set from a department store and charged it on his charge account. When he failed to pay for the set, the store tried to repossess it. Can the store legally do so?