Avoiding A California Nonjudicial Residential Foreclosure – § 2924m Finality, Perfection, and Lien Avoidance Under § 522(f)

California practitioners navigating residential foreclosures should take note of a significant new decision from the Ninth Circuit Bankruptcy Appellate Panel.

In his article, Michael Davis, along with Aaron E. de Leest and the Hon. (ret.) Meredith Jury, discuss the recent Ninth Circuit Bankruptcy Appellate Panel confirmation that under the California Civil Code § 2924m a nonjudicial residential foreclosure sale is not “final” until the statutory bidding period has expired.

To read the full article, click here.