Exclusion of encumbered assets may have the advantage of generally enhancing the availability of credit because secured creditors would be reassured that their interests would not be adversely affected by the commencement of insolvency proceedings.
把设押资产排除在外，好处是可以普遍增加信贷可获量，因为有担保债权人不再担心其权益会因启动破产程序而受到任何不利的影响。