Question: Chase Bank ( Chase ) loaned Roger money to buy a mobhe home, which was used for family purposes. The bank took a
Chase Bank Chase loaned Roger money to buy a mobhe home, which was used for family purposes. The bank took a security interest in the mobile home. Roger went bankrupt. Chase had never taken steps to perfect its security interest in the mobile home. When Roger appeared in bankruptcy court, other creditors objected to Chase's assertion that it had a perfected security interest in the mobile home. Points
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Does Chase have a perfected security interest in the mobile home in this case?
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