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Morality aside, there are other factors deterring "strategic defaults," whether in recourse or nonrecourse states.
In "recourse" states, a lender can come after you, and usually other assets like a primary residence, for the full mortgage amount.
"There is much that is self-serving in recourse to comparators," it explained.
David Chao, cofounder of Doll Capital Management, four years ago invested $1 million in Recourse, a security software outfit.
David Chao, cofounder of Doll Capital Management, four years ago invested $1 million in Recourse, a security software outfit cofounded by a business school chum.
At the end of June, Tesla had $2.2 billion in cash and $7.7 billion in recourse debt (meaning it is backed by collateral).
Similar(52)
But there is hope in legal recourse in other venues.
In this call, in our only recourse, in our jostling of time to bring forth his words and his smile, he is with us once again.
The aim of the present study is to examine HDR and assess time trends in the recourse to BCS in Veneto, as well as to investigate concomitant changes in the role -if any- played by hospital volume.
They can result in legal recourse, a fresh evaluation of the project or a halt in the decision-making process that can last several years.
Given the difficulties associated with undertaking full-scale measurements in tornadoes, recourse is often made to models.
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