The one-action rule that makes California a non-recourse state only applies to real estate mortgage loans. While some motorhome owners reside in their vehicles and may even claim them as a residence...
Arizona has anti-deficiency laws - specifically, A.R.S. ยงยง 33-729(A) and 33-814(G) - that prohibit purchase-money lenders from collecting on a deficiency. However, the bad news is that the...
Good question, I have been looking for an exact answer my self. I have learned from my searches: Generally a note is an obligation to pay and must be paid in full. So, unless a note is explicitly...