Library Search

FAQ   Summaries of Law   Dictionary

• Borrower Entitled to Insurance Proceeds After Earthquake ( June 1999 )
  Law Office of Brigit S. Barnes

  In the aftermath of the January 1994 earthquake in Northridge, California, a wave of delinquencies and foreclosures occurred in the areas affected by the quake. It was a certainty that litigation would arise between Borrowers and Lenders over which party was entitled to recover the proceeds of earthquake insurance.