After-Acquired Collateral - Explained
What is After-Acquired Collateral?
Written by Jason Gordon
Updated at September 26th, 2021
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What is After-Acquired Collateral?
After-acquired collateral refers to property pledged as security for a loan. The lender agrees to extend a loan that will be secured by the assets that the borrower acquires after the loan is made (after-acquired collateral).
Back To: COMMERCIAL LAW: CONTRACTS, PAYMENTS, SECURITY INTERESTS, & BANKRUPTCY
Related Topics
- What is a Security Interest?
- Collateral
- Pledge as Collateral
- Collateralize
- Cross Collateralization
- After-Acquired Collateral
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Unsecured Loan Definition
- Unencumbered Asset
- What is a Secured Creditor?
- Unsecured Creditor
- What are the benefits of security interests for creditors?
- Limited Recourse Debt
Academics Research on After-Acquired Collateral
- The Bankruptcy Preference Challenge to After-Acquired Property Clauses Under the Code, Friedman, H. (1959). The Bankruptcy Preference Challenge to After-Acquired Property Clauses Under the Code. University of Pennsylvania Law Review, 108(2), 194-224.
- Simultaneous Attachment of Liens on After-Acquired Property, Carlson, D. G. (1984). Simultaneous Attachment of Liens on After-Acquired Property. Cardozo L. Rev., 6, 505.
- The After-Acquired Property Clause Revisited, Riemer, B. A. (1965). The After-Acquired Property Clause Revisited. Com. LJ, 70, 334.
- Security Interests in After-Acquired Property Under the Uniform Commercial Code, Skilton, R. H. (1974). Security Interests in After-Acquired Property Under the Uniform Commercial Code. Wis. L. Rev., 925.
- Treatment of Security Interests in After-Acquired Property Under the Proposed Bankruptcy Act, Kronman, A. T. (1975). Treatment of Security Interests in After-Acquired Property Under the Proposed Bankruptcy Act. U. Pa. L. Rev., 124, 110.