It is no secret that filing bankruptcy is a tool in a borrower’s arsenal that they will not hesitate to use to temporarily drag out or halt a foreclosure sale or judgment collection. A bankruptcy case has become an...
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For most lenders, a borrower filing bankruptcy is their worst nightmare. But when a borrower tries to strip down a lender’s lien through the bankruptcy case, it quickly goes from bad to worse. Over 50,000 bankruptcy cases...
There were over 50,000 filings in California in 2019 and those numbers don’t seem to be going down any time soon. Clearly, borrowers still see bankruptcy as a way to prevent and/or slow down the foreclosure process once...
July 28, 2020
A Lender’s Guide to Bankruptcy
Even before the COVID-19 pandemic, the United States was experiencing a record-breaking number of bankruptcy filings and foreclosures for the sixth year in a row. While the reason for the increased filings varies from...
A California Legislature bill (SB 939) which would have extended California’s eviction moratorium and possibly allowed tenants to trigger lease negotiations and/or break their lease with little or no penalty was defeated in...