This past week, The Estavillo Law Group, PC stopped four non-judicial foreclosures in Northern California, setting the precedent to help property owners hold onto their properties and holding more banks accountable.
One of the wins this week was especially satisfying for us and our client as we were able to stop the foreclosure of an income-producing property. Our client was facing the foreclosure of their income-producing apartment complex representing several homes for families in Alameda County. Prior to retaining the Estavillo Law Group, this client was facing a judgment by the Trial Court in favor of the banks. Panicked by the thought of losing a source of their income, the client hired us to handle the appeal of the Trial Court’s judgment.
In the process, the trial judge denied the temporary restraining order which would have stopped the banks from continuing the foreclosure process. Undaunted by the temporary disappointment, we continued with the court process, filing a Petition for Writ of Supersedeas in the First Appellate District to overturn the trial judge’s decision.
The result was a win for our client, as our persistence and knowledge of the court system’s process stayed the foreclosure to allow full briefing of the Writ. This win kept several families in their homes and our clients from losing a significant source of income.
Adding to the tremendous victory is the fact that it’s very difficult to stay a foreclosure when the property isn’t the primary residence, this was an income producing property, and the client owns but does not reside in the property.
The Estavillo Law Group, PC celebrated wins in three other cases. One of our properties was a multi-million dollar commercial piece of property in San Francisco and the other two are located in Contra Costa County, one in Lafayette and the other in El Sobrante.
It is clear that the banks are not taking any time off from pursuing foreclosures and taking real property during the holidays. But with the Law Offices of Jason W. Estavillo on your side, we will use or knowledge and expertise of the foreclosure and court processes to fight against the banks to keep your commercial, income-producing, or residential property in your possession and out of the hands of the banks.
If you or someone you know is facing a foreclosure please contact our office for a free consultation. We help property owners in Alameda, Contra Costa, San Francisco, Sonoma, Santa Clara, Santa Cruz, Monterey, Orange, Los Angeles, San Mateo, Napa, Solano and San Diego and we may be able to help you as well.
Jason will meet with you personally to discuss and analyze your situation and provide you with information to take the next step. For more information on how we can help you hang on to your property and keep it away from the banks, please visit our website or contact us.