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So what is the priority of a secured creditor with regard to future advances made to the debtor? Okay. Well let me paint this an area for you, so you have the secured party you have the debtor and you have the debtor in possession of the collateral that secures payment of the debt owed to the secured party. Well lots of times the secured party will the original security agreement will allow for the secured party to give additional funds to the debtor, that is extend them more credit and that extension will of credit will also be secured by the collateral. So assume secured party here lens ten dollars to debtor dinner post the collateral and the pursuant to the security agreement, they say okay we will allow for the secured party to extend you up to this amount of money against the collateral so cynical items worth twenty dollars. So the secured party is going to feel comfortable loaning up to another ten dollars to the debtor because they can feel comfortable that their security intere
