ANOTHER THORN IN THE "SEMANTIC BRIAR PATCH" OF THE HANGING PARAGRAPH:1 IS NEGATIVE EQUITY A PURCHASE MONEY SECURITY INTEREST?

The article offers information related to the bankruptcy law in the U.S. It elaborates the significance of a purchase money security interest and the interplay between state and federal law. It explores some additional considerations in making the determination of whether negative equity financing can form the basis of a purchase money security interest.