Don’t get carved up – Dealing with nonrecourse loan carveouts
$225.00
Description
Abstract: Nonrecourse loans draw many borrowers because the arrangements can shield them from personal liability. But that’s not always the case. If borrowers violate “carveouts” in the loan document, they may be left with full liability. This article explains how to use negotiations to handle nonrecourse loan carveouts and to minimize personal liability.
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