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California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.
You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.
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Is Georgia a non recourse debt state?
"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.
Is Massachusetts a non recourse debt state?
Massachusetts is a non recourse debt state. Other non recourse debt states are Kentucky, Louisiana, Maine, Maryland, Michigan, Montana, and Mississippi.
Is Minnesota a non recourse debt state?
yes
Is a car loan considered recourse or non-recourse debt?
I think is non recourse debt
Is Georgia a non recourse debt state for foreclosures?
Georgia is a recourse state. See Ga. Code Ann. § 44-14-161.
Which states are non-recourse?
is california
Is non recourse debt on the balance sheet of the borrower?
It should be.
Is Florida a non recourse loan state.?
Florida happens to be a recourse state.
Is Ohio a non-recourse state for mortgage debt?
no....... the lender can go after you for up till 2 yrs after they sell the property.
Is Illinois a non-recourse state?
No... Illinois is a recourse state.... They can come after you for a deficiency judgment.
Is Alabama a non recourse state?
Alabama is a Recourse State. Banks can sue for the difference.
Is Oklahoma a non recourse state?
As of 12/20/2012 Oklahoma is a Recourse State.
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