Complex sentence: These early laws differed from other early laws in that filings and witnesses were required to enforce the security interest to prevent the debtor from fraudulently using the pledged collateral as a security interest in another loan.
Split into simpler sentences: These early laws differed from other early laws in that filings and witnesses were required in order to enforce the security interest. This was to prevent the debtor from fraudulently using the pledged collateral as a security interest in another loan.