Is South Carolina A Non Recourse State at Erica Raymond blog

Is South Carolina A Non Recourse State. There are 12 states that, by law, only allow nonrecourse loans. If your loan is a recourse loan, the bank can take the collateral used to secure the loan (the real estate, for example) as well as your assets if. Based on information compiled by the national consumer law center (nclc), at least 10 states can be generally classified as non. These are known as “nonrecourse states,” and they include alaska, arizona, california, connecticut, idaho, minnesota, north carolina, north dakota, oregon, texas, utah and washington. South carolina is a judicial foreclosure state.

Here's what South Carolina might have looked like in 2016 without
from www.dailykos.com

South carolina is a judicial foreclosure state. There are 12 states that, by law, only allow nonrecourse loans. Based on information compiled by the national consumer law center (nclc), at least 10 states can be generally classified as non. If your loan is a recourse loan, the bank can take the collateral used to secure the loan (the real estate, for example) as well as your assets if. These are known as “nonrecourse states,” and they include alaska, arizona, california, connecticut, idaho, minnesota, north carolina, north dakota, oregon, texas, utah and washington.

Here's what South Carolina might have looked like in 2016 without

Is South Carolina A Non Recourse State Based on information compiled by the national consumer law center (nclc), at least 10 states can be generally classified as non. South carolina is a judicial foreclosure state. There are 12 states that, by law, only allow nonrecourse loans. These are known as “nonrecourse states,” and they include alaska, arizona, california, connecticut, idaho, minnesota, north carolina, north dakota, oregon, texas, utah and washington. If your loan is a recourse loan, the bank can take the collateral used to secure the loan (the real estate, for example) as well as your assets if. Based on information compiled by the national consumer law center (nclc), at least 10 states can be generally classified as non.

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