Real Estate/Development
Nov. 9, 2010
Foreclosure Notes Frustrate Lenders
A bankruptcy judge in Sacramento told a major bank last week that it has just two more months to come up with proof it has the right to foreclose on a delinquent homeowner.
Daily Journal Staff Writer
A bankruptcy judge in Sacramento told a major bank last week that it has just two more months to produce proof it has the right to foreclose on a delinquent homeowner.
Yet if that particular foreclosure battle were playing out in a California superior court or a U.S. district court, the burden of proof probably wouldn't be on the bank. In most courtrooms, under well established California l...
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