Discover lender rights with recourse loans: seize collateral in defaults, differences from non-recourse loans, implications, ...

The coming banking crisis, and suggestions of an incoming bust in commercial real estate, has given rise to some questions about recourse versus non-recourse debt and what impact the differences in ...

A “debt” arises by virtue of the receipt of money or acquisition of property by an individual who has a corresponding obligation to repay the creditor/lender in money or money’s worth. The terms ...

When encumbered property is sold, the taxation of that sale is different if the sale involves recourse debt as opposed to nonrecourse debt. This difference raises an intriguing question: when debt ...

Learn what a non-recourse sale is, how it works, and its implications for buyers and lenders, including associated risks and ...