-
Nonrecourse debt or a
nonrecourse loan (sometimes
hyphenated as non-recourse) is a
secured loan (debt) that is
secured by a
pledge of collateral, typically...
- but
unlike most of the
United States,
mortgages loans are
usually not
nonrecourse debt,
meaning debtors are
liable for any loan
deficiencies after foreclosure...
-
liability is a
nonrecourse liability if no
partner or
related person has an
economic risk of loss for that liability. A partner's
share of
nonrecourse liabilities...
- this is said to be a
strategic default. This is most
commonly done for
nonrecourse loans,
where the
creditor cannot make
other claims on the debtor; a common...
- ****ets or
pursue legal action.
While mortgages in the US are
typically nonrecourse debt, a
foreclosure or
bankruptcy can
trigger the loan to
become recourse...
- an
incentive to
default on
their mortgages as a
mortgage is
typically nonrecourse debt
secured against the property.
Economist Stan
Leibowitz argued in...
-
creditworthiness of
their prospective customers domestic and international, and, in
nonrecourse factoring,
acceptance of the
credit risk for "approved" accounts; maintain...
- (often 20% to 50%) of the
equipment cost and
lenders provide the
balance on a
nonrecourse debt basis. The
lessor receives the tax
benefits of ownership....
-
jurisdiction and on the
details of the loan contract. In the case of a
nonrecourse debt, for example, the
debtor is not
personally liable for a deficiency...
- sweetener. It
supports domestic sugar prices by: (1)
making available nonrecourse loans to
processors (not less than 18ยข/lb. for raw cane sugar, or 22...
