Investors Force Mortgage Co. Into Bankruptcy - Mortgage Forums for Brokers and Loan Officers

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		Mortgage Forums for Brokers and Loan Officers > Mortgage Business > Mortgage News
Investors Force Mortgage Co. Into Bankruptcy

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04-14-2006, 05:13 AM

Veronica Corningstone Veronica Corningstone is offline

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Investors Force Mortgage Co. Into Bankruptcy

The U.S. Bankruptcy Court for the Northern District of California has ruled in favor of appointing trustees to oversee operations of the San Jose-based California Plan Inc. The firm's president is named in the ruling, which effectively forced California Plan into Chapter 11 bankruptcy.

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