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What is no recourse?
"No Recourse" means there is no positive legal action available. It is the lack of the right to obtain a judgment against or reimbursement from, a defaulting or opposing party.
What is meant by recourse factoring?
Recourse factoring is the right to receive payment of debt from the seller of the receivable. In general, any right to a certain free, and most often the right of the person who has paid something to the return of what has been paid on the basis of a legal relationship.
Is a car loan considered recourse or non-recourse debt?
I think is non recourse debt
What is recourse funding?
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?
"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.
What is the duration of The Recourse to the Method?
The duration of The Recourse to the Method is 2.73 hours.
Is a home improvement loan a recourse loan?
no. why would it be a recourse loan
Is Alabama a non recourse state?
As of 12/20/2012 Oklahoma is a Recourse State.
Is Kentucky a Recourse or Non-Recourse or One Action state?
Kentucky is a recourse state, allowing the lender to seek judgments and damages from the borrower.
Is Florida a non recourse loan state.?
Florida happens to be a recourse state.
When was The Recourse to the Method created?
The Recourse to the Method was created on 1978-05-05.
When was Diverse Recourse created?
Diverse Recourse was created on 2007-04-10.
