The goal is judgment satisfaction- the court will allow a new writ submission without any limitation throughout the 10 year period my colleague...

As a general guideline, how large does the deficiency have to be for a bank to seek judicial foreclosure in CA on investment pr?

Each bank has its own guidelines and requirements. It would be too speculative and wild guesswork to suggest a threshold amount to gauge whether a...

What are the consequences of allowing 4 investment properties in CA go into foreclosure?

If a lender elects to utilize the non-judicial foreclosure method then a deficiency judgment is a non-issue since the election of this expedited...

We have a 8 unit rental property and our in foreclosure. The property is under receivership with Chase bank.

I agree with my colleague and would only add that perhaps a Chapter 13 bankruptcy might be an option to help you save the units (if you meet the...

Does an adversary proceeding need to be resolved prior to a Chapter 7 discharge?

If the case warrants, The Chapter 7 discharge will issue irrespective of the AP case. The applicability of the discharge to an AP Creditor is...

If I lose a credit collections case in state court and then file for Chapter 7 bankruptcy, will my filing be abusive?

It is not abusive to file a Ch.7 if it turns out that you lose the collection case.

Unless a Ch. 7 is an assets case, the proof of claim is a moot issue. If you have a lawyer, discuss this matter with him/her. If you are not...

Chapter 7. Need to do an emergency filing in central dist of CA. What is the minimal paperwork I can file to open a case?

A bare bones petition consiting of the Petition, SSN, Creditor Matrix, and the Credit Counseling Certificates. Thereafter, you have 14 days to...

Demand Notice for Payment from Bank

I would only add that it be important to determine what the co-signer document indicated. Did it have any language to establish personal liability...

How do I collect on a California DLSE Judgment when the employer resides in, has bank accounts and operates out of New Jersey?

You would be best served to discuss this matter with a New Jersey lawyer to pursue the collection in that state.