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Bankruptcy can be a strong option for homeowners who are behind on mortgage payments or facing foreclosure.

Some states limit what a bank can do after a mortgage default. Mitchell Sussman explains that the one action rule allows a lender to choose only one path when a borrower stops paying. The bank can either foreclose on the home or file a lawsuit to collect the debt, but it cannot do both.

Mitchell Sussman explains when walking away from a mortgage does not lead to a lawsuit. State laws can make a major difference in what happens after a homeowner stops paying a mortgage. Mitchell Sussman explains that in states with anti deficiency laws or the one action rule, a borrower may be able to walk away from the home without personal liability for the loan.

Some states limit what a bank can do after a mortgage default. Mitchell Sussman explains that the one action rule allows a lender to choose only one path when a borrower stops paying. The bank can either foreclose on the home or file a lawsuit to collect the debt, but it cannot do both.

Mitchell Sussman explains that walking away from a house is not the same in every state. Some states protect the homeowner, while others still let the bank sue for the loan.

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In Newport Beach, purchasing or selling real estate can be a complex and daunting process, with numerous legal intricacies involved. This is where a real estate lawyer plays a crucial role in ensuring a smooth and successful real estate transaction. A real estate lawyer in Newport Beach also plays a key role in negotiating terms and conditions between buyers and sellers, with the goal of protecting their clients' best interests. Discover why the expertise of real estate lawye

NEWPORT BEACH, Calif., March 3, 2026 /PRNewswire/ -- On February 23, in the federal United States District Court, Central District of California, the law firm of Sussman and Associates filed the action titled Sussman v. Litigation Consulting case # 8:26-cv-00419 alleging Common Law False Designation of Trade Name; Federal and State Unfair Competition and violation of California's Trade Secrets Act. The firm is suing Litigation Consulting, Group Nationwide Consumer Advocates,

Home based businesses like a cottage food operation are a popular means to generate income. A large advantage being not having a commute to and from a workplace eliminating wasted time and reducing expenses. While this sounds ideal, it is not without limitations. In California, cottage food operations are authorized by Government Code §51035 and must comply with Land Development Code §141.0308. Home Based Cottage Food Businesses Limitations are often imposed Cities and Co

20 of Marriott's Newport Coast Villas are among the 114 timeshares to be auctioned off this month. 114 Timeshares to be Auctioned on...

Timeshare membership is a form of shared ownership in which multiple individuals have rights to utilize a vacation property, such as a...