Question: What happens upon default when a floating charge has been used to secure a debt? what is main advantage of using floating charge regarding unsecured

What happens upon default when a floating charge has been used to secure a debt? what is main advantage of using floating charge regarding unsecured creditor in the event of default?

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What happens upon default when a floating charge has been used to secure a debt? what is main advantage of using floating charge regarding unsecured creditor in the event of default?

What happens upon default when a floating charge has been used to secure a debt? What is the main advantage of using floating charges?

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