California Court of Appeal

In a cross-complaint challenging the validity of a debt at issue in the underlying trial to collect the consumer debt, the trial court's ruling that the sale of the debt to unlicensed, non-institutional investor entities was not in violation of Financial Code section 23340(a) is affirmed over claim that sale of debt to such entities violates section 23340(a).

Appellate Information

• Decided 06/12/2015
• Published 06/12/2015

Judges

• SIMONS

Court

• California Court of Appeal

Counsel