This is an old revision of this page, as edited by Cww(talk | contribs) at 19:40, 11 September 2007(Linked debt, secured, and default). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.Revision as of 19:40, 11 September 2007 by Cww(talk | contribs)(Linked debt, secured, and default)
A recourse note is a debt note held by a lender that entitles the lender to seek financial recourse upon the default of the borrower. The note is usually secured by a mortgage or a deed.
