Nicolette Cohen

Nicolette Cohen

Buchalter

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Caution to Lenders – New Pitfalls to Imposing Default Interest and Late Fees on Defaulted Loans

On September 29, 2022, the California Court of Appeal First Appellate District, in Honchariw v. FJM Private Mortgage Fund, LLC, held a private lender’s imposition of late charges and default interest constituted an unlawful...more

3/29/2023  /  Appeals , CA Supreme Court , California , Civil Code , Default , Interest Rates , Late Fees , Lenders , Liquidated Damages
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