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Litigation

Jun. 7, 2013

Borrowers use new state law to sue banks and block foreclosures

A Sacramento painter facing foreclosure recently sued a bank for violating a new California law designed to ensure fair lending and borrowing practices and secured a preliminary injunction. He is not alone.


By Hadley Robinson


Daily Journal Staff Writer


A Sacramento painter facing foreclosure recently sued a bank for violating a new California law designed to ensure fair lending and borrowing practices and secured a preliminary injunction blocking the foreclosure. The man's lawyer, Aldon L. Bolanos of Sacramento, swiftly filed a motion for $20,000 in attorney fees, prompting Bank of America's attorneys to reach a private settlement. Singh v. Bank...

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