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Real Estate/Development

Jul. 30, 2011

L.A. court bans courthouse auctions

Los Angeles County Superior Court took steps this month to ban foreclosure auctions from courthouse grounds, becoming one of a growing number of California courts to take such action in the past several months.


By Jason W. Armstrong


Daily Journal Staff Writer


Los Angeles County Superior Court took steps this month to ban foreclosure auctions from courthouse grounds, joining a growing number of California courts to take such action as sales of distressed properties have dramatically ramped up in the housing bust.


Other courts, including those in Riverside and San Diego, recently ousted trustee sales from courthouse walkways and steps. While auction c...

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