The 2021 increase to California’s homestead exemption to up to $600,000 stands to change the legal and economic relationship of guarantors with their lenders and vendors who make loans or sell goods or services on...more
3/9/2021
/ Banks ,
Borrowers ,
Civil Code ,
Exemptions ,
Financial Institutions ,
Guarantors ,
Homestead Exemption ,
Loans ,
Mortgage Lenders ,
Mortgages ,
Spouses ,
State and Local Government
The Ninth Circuit on June 1 affirmed a key bankruptcy principle that liens may survive and “pass through” the bankruptcy process even if the underlying claim secured by the lien is disallowed. The facts in Lane v. The Bank...more