Aceves v. U.S. Bank N.A.

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.

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.