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stating that the person who try to cash it, the person that it is giving to who is unable collect on it.cannot go after the party that endorse it without recourse.

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stating that the person who try to cash it, the person that it is giving to who is unable collect on it.cannot go after the party that endorse it without recourse.

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no

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Yes.

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North Carolina is considered as a non-recourse state. People who live here can leave their mortgage without any penalty of putting their other assets at risk.

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I think is non recourse debt

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