California Complaint regarding Action by Bank to Recover on Note After Application of Security Proceeds

State:
Multi-State
Control #:
US-CMP-10075
Format:
Word
Instant download

Description

This form is a Complaint concerning a promissory note. The complaint provides that the maker was unable to pay the balance due on a loan advanced by the lender. Lenders now demand judgment against the defendants as guarantors of the loan received by the maker.
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FAQ

Writ of Execution Examples Examples of cases in which a writ of execution may be filed: If a home buyer fails to make mortgage payments, the creditor (a bank, private party, or mortgage company) may petition the court for a judgment against the home buyer after making effort to collect those payments.

The purpose of a Memorandum of Costs After Judgment is to recover the costs associated with the lawsuit from the losing party. This can include the costs of filing fees, service of process fees, and expert witness fees, among others.

In particular, Rule 56(d) provides that a court may deny a summary judgment motion and permit the opposing party to conduct discovery where it appears that the opposing party, in the absence of such discovery, is unable to present facts essential to opposing the motion.

Tells the sheriff to take action to enforce a judgment. Used with instructions to the sheriff to levy bank accounts, garnish wages, or take possession of personal property.

Tells the judgment debtor or other interested person that personal property is being taken by the sheriff to satisfy a judgment.

(b) The answer to a complaint shall contain: (1) The general or specific denial of the material allegations of the complaint controverted by the defendant. (2) A statement of any new matter constituting a defense. (c) Affirmative relief may not be claimed in the answer.

Per the California Code of Civil Procedure section 1010.6, when a document may be served by mail, express mail, overnight delivery, or fax transmission, the document may be served electronically. This means that Electronic Service (E-Service) can be used for any case as long as all parties provide express consent.

On your Memorandum of Costs After Judgment (MC-012), you must include the exact amount of all allowable costs, the payments credited toward the principal and interest, and the amount of accrued interest. This means you are responsible for calculating these amounts.

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California Complaint regarding Action by Bank to Recover on Note After Application of Security Proceeds