Secured Transaction

Los Angeles Secured Transaction Attorneys

Proudly Helping Clients Navigate the Law

California has an anti-deficiency law. It means that if your property is foreclosed upon, in many cases the lender cannot sue you for a deficiency judgment. However, this general rule is subject to many exceptions.

For example, if a person other than the borrower guarantees the loan, that person may be subject to a deficiency judgment. Likewise, a borrower may be subject to a deficiency judgment if the lender files an action for judicial foreclosure, instead of foreclosing the property non-judicially.

What Is a Secured Transaction?

There are two main types of loan transactions: unsecured and secured transactions. Common examples of secured transactions include mortgage and car loans.

When a loan is secured, it offers extra protection for the lender and poses a greater risk to the buyer if a default occurs. Secured transactions also utilize security interest, such as collateral, that guarantees a loan will be repaid. If the loan defaults, then the lender has the right to sell the collateral to recover the value of the money borrowed.

Secured transactions in California are very complicated and unless you know your rights, you may easily lose your assets based on your misunderstanding or ignorance of the law. Let us analyze your loan documents and advise you on the effect of any default claim being made against you.

Talk to Our Expert Litigators Today

If you are being sued by a lender or your property is in foreclosure, we will fight vigorously for your rights. Our firm was able to negotiate a very favorable short sale after a major bank had commenced foreclosure, saving our client millions of dollars. We also have been successful in extinguishing a personal guarantee, saving our client over $7.4 million. If you have any questions about your rights under loan documents or are faced with foreclosure, then please get in touch with us so we can evaluate your chances and risks.

Call (310) 340-1550 or contact us online to schedule a free initial consultation with a lawyer at Azadegan Law Group, APC.

Our Firm Is Dedicated to Winning

A principal strategist and thinker, Attorney Ramin Azadegan hand-picked each of the seasoned lawyers at our law firm for their years of experience and stellar track records. We have secured positive verdicts, judgments, and settlements for clients of all backgrounds. This strategic alliance has enabled us to deliver the best possible representation to clients requiring the services of an unparalleled trial team. Reach out to our legal professionals in Los Angeles today to discuss your situation.


Our Unique Method
  • Trial Strategies

    We live with our client’s case. We listen, we think, we believe, we strategize creatively, we prepare, and we try. We develop a very close relationship with our clients and with our cases. We make sure that the jury will be able to see and feel our real and deep emotional connection with our cases and our commitment to our client. Our goal in a trial is not to “tell” our client’s story to the jury, rather, it is to “show” the jury the truth.

  • Focus Groups and Mock Jury Trials

    When warranted, we use focus groups and conduct mock jury trials so we can better evaluate the emotional connection between the facts of the case and the jury. By doing so, we refine our strategy to be able to present a more powerful case to the jury.

  • Litigation

    We are a litigation firm first and foremost, ready to deal with any substantive or procedural legal challenge at every turn. We are equipped with state-of-the-art research and communication technologies that enable us to research every legal issue thoroughly and make ourselves readily available to our clients. In order to resolve each case as quickly and favorably as possible for each client, we litigate aggressively, while always tailoring our strategy to each client’s needs and goals. We explore every procedural angle and make every necessary motion to win the case or expedite the most favorable settlement possible.

  • Discovering the Story

    Everything in life has a story. The “truth,” without a well thought out story, is not believed nor is it effective. We believe that understanding and feeling the core of the client’s story is the key to understanding the “truth” and formulating a powerful story to present to the jury. So, we spend tens of hours listening to the client’s story, and in many cases we use re-enactment techniques to be able to “see” the story. We explore the feelings, motivations and pressures behind every party in every case. That enables us to acquire a deeper understanding of our cases.

FOCUSED ON THE WINNING STRATEGY "When we represent a client, we dedicate ourselves to their success."

Contact us at (310) 340-1550 to schedule a consultation and  find out what we can do to help you.