diff --git a/CHANGELOG.md b/CHANGELOG.md
index c4e74fcf84..85e58b6d24 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -52,9 +52,10 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### Bug Fixes
 
+- [2647](https://github.com/umee-network/umee/pull/2647) Quick fix for the Leveraged Liquidate Tx
 - [2643](https://github.com/umee-network/umee/pull/2643) Update cosmos-sdk from v0.47.14 to v0.47.15
 - [2638](https://github.com/umee-network/umee/pull/2638) Fix the max_withdraw query
-  
+
 ## v6.7.1
 
 ### Improvements
diff --git a/RELEASE_NOTES.md b/RELEASE_NOTES.md
index 209d4f6682..ac0ec489ac 100644
--- a/RELEASE_NOTES.md
+++ b/RELEASE_NOTES.md
@@ -11,6 +11,7 @@ The Release Procedure is defined in the [CONTRIBUTING](CONTRIBUTING.md#release-p
 Highlights:
 
 - cosmos-sdk update to v0.47.15
+- quick fix for leveraged liquidate
 - fix the max_withdraw query
 - deps upgrade
 
diff --git a/x/leverage/keeper/collateral.go b/x/leverage/keeper/collateral.go
index ccd77da2da..56e2eb8daa 100644
--- a/x/leverage/keeper/collateral.go
+++ b/x/leverage/keeper/collateral.go
@@ -29,34 +29,47 @@ func (k Keeper) liquidateCollateral(ctx sdk.Context, borrower, liquidator sdk.Ac
 // burnCollateral removes some uTokens from an account's collateral and burns them. This occurs
 // during direct liquidations and during donateCollateral.
 func (k Keeper) burnCollateral(ctx sdk.Context, addr sdk.AccAddress, uToken sdk.Coin) error {
-	err := k.setCollateral(ctx, addr, k.GetCollateral(ctx, addr, uToken.Denom).Sub(uToken))
+	val, err := k.GetCollateral(ctx, addr, uToken.Denom).SafeSub(uToken)
 	if err != nil {
 		return err
 	}
+	if err = k.setCollateral(ctx, addr, val); err != nil {
+		return err
+	}
 	if err = k.bankKeeper.BurnCoins(ctx, types.ModuleName, sdk.NewCoins(uToken)); err != nil {
 		return err
 	}
-	return k.setUTokenSupply(ctx, k.GetUTokenSupply(ctx, uToken.Denom).Sub(uToken))
+	uTokenSupply, err := k.GetUTokenSupply(ctx, uToken.Denom).SafeSub(uToken)
+	if err != nil {
+		return err
+	}
+	return k.setUTokenSupply(ctx, uTokenSupply)
 }
 
 // decollateralize removes fromAddr's uTokens from the module and sends them to toAddr.
 // It occurs when decollateralizing uTokens (in which case fromAddr and toAddr are the
 // same) as well as during non-direct liquidations, where toAddr is the liquidator.
 func (k Keeper) decollateralize(ctx sdk.Context, fromAddr, toAddr sdk.AccAddress, uToken sdk.Coin) error {
-	err := k.setCollateral(ctx, fromAddr, k.GetCollateral(ctx, fromAddr, uToken.Denom).Sub(uToken))
+	val, err := k.GetCollateral(ctx, fromAddr, uToken.Denom).SafeSub(uToken)
 	if err != nil {
 		return err
 	}
+	if err = k.setCollateral(ctx, fromAddr, val); err != nil {
+		return err
+	}
 	return k.bankKeeper.SendCoinsFromModuleToAccount(ctx, types.ModuleName, toAddr, sdk.NewCoins(uToken))
 }
 
 // moveCollateral moves collateral from one address to another while keeping the uTokens in the module.
 // It occurs during fast liquidations.
 func (k Keeper) moveCollateral(ctx sdk.Context, fromAddr, toAddr sdk.AccAddress, uToken sdk.Coin) error {
-	err := k.setCollateral(ctx, fromAddr, k.GetCollateral(ctx, fromAddr, uToken.Denom).Sub(uToken))
+	val, err := k.GetCollateral(ctx, fromAddr, uToken.Denom).SafeSub(uToken)
 	if err != nil {
 		return err
 	}
+	if err = k.setCollateral(ctx, fromAddr, val); err != nil {
+		return err
+	}
 	return k.setCollateral(ctx, toAddr, k.GetCollateral(ctx, toAddr, uToken.Denom).Add(uToken))
 }