Aceves v. U.S. Bank N.A.
California Court of Appeals
120 Cal.Rptr.3d 507 (2011)
Relevant factsFree
Claudia Aceves (plaintiff) faced foreclosure on her home loan from U.S. Bank N.A. (defendant). After she filed for bankruptcy, U.S. Bank persuaded her to forgo bankruptcy in exchange for a promised loan modification, but the bank later scheduled her home for auction without modifying the loan.
IssueFree
Whether promissory estoppel applies where a bank promises a borrower a loan modification in exchange for not pursuing bankruptcy, and then fails to provide the modification.
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Frank Dixon v. Wells Fargo Bank, N.A.798 F.Supp.2d 336 (2011)Miles Homes Division v. First State Bank of Joplin782 S.W.2d 798 (1990)Wheeler v. White398 S.W.2d 93 (Tex. 1965)Fortress Systems, LLC v. Bank of the West2008 WL 64690 (2008)First National Bank of Logansport v. Logan Manufacturing Co.577 N.E.2d 949 (Ind. 1991)