Some law deans were surprised to learn that a federal bankruptcy judge had decided to give their schools $ 4 million each in punitive damages awarded in a California couple's wrongful foreclosure case against Bank of America. U.S. Bankruptcy Judge Christopher Klein of Sacramento awarded $ 1 million in actual damages and $ 45 million in punitive damages in the suit by Erik and Renee Sundquist, who endured a “mortgage modification charade” and “a Kafkaesque nightmare” that included a stay-violating foreclosure.

Foreclosure News

Comments

comments

Leave a Reply

Your email address will not be published.