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Recourse loan or not?

Posted by Rick, the Probate Guy on December 27, 2009 at 2:09 PM

In Reply to: Note Buyout from Bank or Move On posted by Lou on December 27, 2009 at 9:59 AM

You don't state whether you are personally on the line for this debt or if an entity that you have equity in (corp. or LLC) that has something to lose which could, in turn, hurt you.

That could make a big difference if you're open to cutting your losses and running.

Is there anything here worth horse-trading?


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