California Court Hammers Foreclosure Rescue Operator For $280K Plus Attorney Fees In Sale-Leaseback Foreclosure Rescue Deal

A November, 2008 decision by a California appeals court affirmed a lower court ruling that awarded a homeowner facing foreclosure monetary and exemplary damages in the amount of $280,000 (plus the homeowner's legal fees) from a real estate broker / foreclosure rescue operator to whom she sold her home in a sale-leaseback arrangement which violated the California Home Equity Sales Contract Act (Section 1695 through 1695.17, California Civil Code).

For the long version of this post, see California Appeals Court Affirms $280K Damage Award For Homeowner In Sale-Leaseback Foreclosure Rescue Deal.