I would recommend asking Attorney Jeffery Leving in Chicago as he knows his stuff. I had him as a board member in the 90s.
No... Illinois is a recourse state.... They can come after you for a deficiency judgment.
I think is non recourse debt
Recourse funding is a type of loan for which collateral is placed. The difference between recourse and non-recourse funding is that in recourse funding, if the collateral sells for less than the amount left on the loan, the lender can go after other assets. In non-recourse funding, the lender would have to absorb the loss.
"Is Georgia a non recourse debt state?" Since Florida is not a recourse state, and Florida adopted its laws from Georgia, Georgia must not be a recourse state.
The duration of The Recourse to the Method is 2.73 hours.
no. why would it be a recourse loan
Kentucky is a recourse state, allowing the lender to seek judgments and damages from the borrower.
As of 12/20/2012 Oklahoma is a Recourse State.
The Recourse to the Method was created on 1978-05-05.
Diverse Recourse was created on 2007-04-10.
A place to find recourse is in nonfiction books in the library.
Florida happens to be a recourse state.