ADEQUATE PROTECTION meaning in Law Dictionary

whenever a debtor in personal bankruptcy provides some sort of security to protect a claim holder from depreciation, pending the formulation of a repayment plan. Pending that plan, the debtor has actually continued ownership or use of the collateral.

Sentence Examples with the word ADEQUATE PROTECTION

The police afford no adequate protection to the lives and property of the inhabitants of Johannesburg; they are rather a source of danger to the peace and safety of the Uitlander population.

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