Publications
Junior Mortgage Discharged Notwithstanding Fraud Allegations
-
Reno
Macdonald Fernandez LLP
In Heritage Pacific Financial, LLC v. Montano (In re Montano), 13 C.D.O.S. 12820, NC-12-1579-PaDJu (9th Cir. BAP November 27, 2013), the Bankruptcy Appellate Panel of the United States Court of Appeals for the Ninth Circuit ruled that California’s statutory one-action rule and anti-deficiency judgment scheme barred an action under Bankruptcy Code Section 523(a)(2)(B) brought by the purchaser of a sold-out junior purchase money mortgage formerly secured by a residence for less than $150,000 regardless of any fraudulent conduct.
Fernandez, R. 2013, "Junior Mortgage Discharged Notwithstanding Fraud Allegations". In: Legal By the Bay, Bar Association of San Francisco, San Francisco, California.
Tags: Discharge, Fraud, Mortgage, Junior, Lien, Claim, Bankruptcy,
More Publications by Reno Fernandez
- BASF Because: Reno Fernandez
- Social Security Cannot Be Attached to Reimburse Insurer
- Discharging Trust-Related Claims in Bankruptcy
- The Business Judgment Rule in the Central District of California
- Enforcement of Non-Debtor Releases in International Insolvency Proceedings
- Partnership That Never Existed Cannot Create Nondischargeable Debt
- Changing the Light at the End of the Tunnel: Distressed Financing Roundtable
- 'Hamilton' Redefines Consumer Bankruptcy Practice