9th Circuit Partially Remands Debtor's Loan Case, Says Federal Law Violated

9th Circuit Partially Remands Debtor's Loan Case, Says Federal Law Violated

SAN FRANCISCO - A panel of the Ninth Circuit U.S. Court of Appeals on July 3 partially affirmed, partially reversed and remanded a district court ruling, determining that a debtor couple demonstrated that its lender had violated federal lending laws when it failed to honor the loan modification agreement the parties had agreed to during their bankruptcy (John Schlegel v. Wells Fargo Bank NA $(in re: John Schlegel$), No. 11-16816, Chapter 11, 9th Cir.; 2013 U.S. App. LEXIS 13595).

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