what is hindering secured creditor?

Answer 1

Attempting to convert (sell or otherwise dispose of) the creditor's security interest.

Example: You buy a stereo system and take out a loan that pledges the stereo as security for the loan. You then sell the stereo, pocket the money, and stop making payments. The lender can no longer reposess the stereo since you no longer have it in your posession. That's hindering a secured creditor. It's a crime in many jurisdictions.

Answer 2

Refusing to pay a loan or refusing to give up the collateral that you pledged in the finance contract.