Oversecured Claim | Practical Law

Oversecured Claim | Practical Law

Oversecured Claim

Oversecured Claim

Practical Law Glossary Item 7-383-6193 (Approx. 2 pages)

Glossary

Oversecured Claim

A claim held by a creditor that is secured by a lien on property of the estate whose value exceeds the full amount of the claim. Creditors holding oversecured claims are entitled to accrue postpetition interest and to adequate protection of the full amount of their claim, including protection of such accrued postpetition interest.