Articles Tagged With ‘Bankruptcy’

COMMENTARY: Girl chief gone wild?

By KAREN VELIE and DANIEL BLACKBURN Lisa Solomon, chief of the Paso Robles Police Department, just loves to dance. But is she dancing with the stars? Or dancing on the bars? Dancing is what she does whenever she’s asked if she thinks there... (Continue reading)

Divorce allows peek between EFI’s sheets

By DANIEL BLACKBURN and KAREN VELIE It took an acrimonious divorce and a protracted asset scrap to finally address the big question for investors in Paso Robles’ Estate Financial Inc.: Where did their money go? Now, EFI principal Karen Guth has answered... (Continue reading)

Judge ices EFI fund property sale proceeds

By KAREN VELIE and DANIEL BLACKBURN A federal judge presiding over Estate Financial Inc. (EFI) bankruptcy hearings declined Tuesday to authorize disbursement of funds from a pending sale of investment property from the troubled lender’s portfolio. U.S. District Court Judge Robin Riblet... (Continue reading)

Night Moves: EFI files fund Chapter 11

By KAREN VELIE and DANIEL BLACKBURN Estate Financial Inc. (EFI) principals Karen Guth and Joshua Yaguda placed EFI’s Mortgage Fund LLC into voluntary Chapter 11 bankruptcy with a July 1 appearance in Santa Barbara’s Central District of California United States Bankruptcy... (Continue reading)

Update: EFI’s bankruptcy expectations

By KAREN VELIE Estate Financial Inc. (EFI) will remain in bankruptcy for at least the next few months and at the same time independent evaluator Hanno Powell will continue his audit, the Fresno attorney said earlier this week. A “complete evaluation” of... (Continue reading)

EFI forced into Chapter 11

Creditors forced hard money lender Estate Financial Inc. (EFI) into Chapter 11 bankruptcy proceedings Wednesday in Santa Barbara’s Central District of California United States Bankruptcy Court.... (Continue reading)