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non-recourse obligation

Spanish translation: obligación sin recurso

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:non-recourse obligation
Spanish translation:obligación sin recurso
Entered by: A. Patricia Pedraza
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05:07 Apr 10, 2007
English to Spanish translations [PRO]
Bus/Financial - Finance (general)
English term or phrase: non-recourse obligation
the Federal Bankruptcy Code comprehends among others, matters of turn-over, automatic stay, avoiding powers, fraudulent transfer, preference, discharge, conversion of a **non-recourse obligation** into a recourse claim (...)
Susana Lizardi
Local time: 07:54
obligación sin recurso
Explanation:
En caso de bancarrota o quiebra las obligaciones sin recurso pueden ser modificadas a tener recurso, o sea que los acreedores pueden exigir su pago a través de otras fuentes de dinero.
Selected response from:

A. Patricia Pedraza
Colombia
Local time: 07:54
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +2obligación sin recurso
A. Patricia Pedraza


  

Answers


8 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
obligación sin recurso


Explanation:
En caso de bancarrota o quiebra las obligaciones sin recurso pueden ser modificadas a tener recurso, o sea que los acreedores pueden exigir su pago a través de otras fuentes de dinero.

A. Patricia Pedraza
Colombia
Local time: 07:54
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 12
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Malena Garcia
22 mins
  -> Thanks Malega

agree  MikeGarcia
4 hrs
  -> Thanks Miguel
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