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Is Massachusetts a non recourse debt state?

Updated: 9/11/2023

Wiki User

∙ 10y ago

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Massachusetts is a non recourse debt state. Other non recourse debt states are Kentucky, Louisiana, Maine, Maryland, Michigan, Montana, and Mississippi.

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∙ 10y ago

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Continue Learning about Finance

Is Minnesota a non recourse debt state?

yes

Is Ohio a non-recourse state for mortgage debt?

no....... the lender can go after you for up till 2 yrs after they sell the property.

Is California a non recourse debt state?

California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.

Is Florida a non recourse loan state.?

Florida happens to be a recourse state.

Is NJ a non recourse mortgage state?

no

Related questions

Is Georgia a non recourse debt state?

Yes, Georgia is a non-recourse debt state. This means that in the case of a foreclosure, the lender cannot pursue the borrower for any deficiency balance remaining after the sale of the property.

Is Minnesota a non recourse debt state?

yes

Is a car loan considered recourse or non-recourse debt?

I think is non recourse debt

Is Georgia a non recourse debt state for foreclosures?

Georgia is a recourse state. See Ga. Code Ann. § 44-14-161.

Is Ohio a non-recourse state for mortgage debt?

no....... the lender can go after you for up till 2 yrs after they sell the property.

Is California a non recourse debt state?

California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.

Is non recourse debt on the balance sheet of the borrower?

It should be.

Is Florida a non recourse loan state.?

Florida happens to be a recourse state.

Is Nevada a non recourse state?

Yes, Utah is a non recourse state. Please view the related link below.

Is Alabama a non recourse state?

As of 12/20/2012 Oklahoma is a Recourse State.

Is Kansas a non recourse state?

Is Kansas a nonrecourse state? A non

Is PA a non recourse state?

NO

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