A Nebraska Bar Exam essay presents a fact pattern where a secured creditor failed to properly file a UCC financing statement before the debtor filed for bankruptcy. What is the primary issue to analyze?
-
A
Perfection of the security interest: an unperfected security interest is avoidable by the bankruptcy trustee as a hypothetical lien creditor
-
B
Whether the creditor can assert an administrative expense claim in the bankruptcy estate
-
C
The automatic stay's effect on the creditor's ability to repossess collateral post-petition
-
D
Whether the debtor fraudulently conveyed assets to prevent the creditor from collecting