New Mortgage Collection Dangers
1. Limitation on What a Debt Collector Can Do Regarding Mortgage Debt As of January 1, 2020, the Rosenthal Act (Fair Debt Collection Act) now defines mortgage debt as consumer credit. In [...]
Oral Contract Enforced
1. Contract Will Be Enforced if it is Sufficiently Definite for the Court to Determine Each Parties’ Obligation. Yuri and Tony are Russians who are involved in a number of companies in the [...]
Huge Victory For Lender
1. Lender Induced to Make a Loan Under False Pretenses May Recover Triple the Amount Lent Even If the Borrower Is Never Criminally Convicted In the case of Bell v Feibush, the California Court of [...]
Foreclosure Abuse
Long Beach Jury Awards 30.5 Million Dollars In a Foreclosure Abuse Case Against Lender. In the case of Behm vs. Cervenka, Ms. Behm purchased a 7,400 sqft Victorian era home in Los Angeles for [...]