R.E.A.C.H. November 2008: Guarantor Risks After Foreclosure

THIS ISSUE: The California Court of Appeal recently held that some guarantors may be liable for a loan deficiency judgment after a foreclosure sale on real property, while others may not.1 The decision follows long California precedent, but may be ripe for legislative review regarding the inherent risks in personal guaranties during a real estate foreclosure.


Leave a Reply

Your email address will not be published. Required fields are marked *