CalBank Set to Foreclose on Synagogue

The LA Times reports that CalBank is preparing to foreclose on a synagogue, Congregation Beth Shalom, in Corona, California.

""No question, we took a hit on the amount of money coming in. We built at the worst possible time, like a lot of people around here," said congregation President Bruce Williams. "We need some help getting our loan modified. But rather than sitting down with us, the bank wants to foreclose. It's mind-boggling."

Members of interfaith coalitions in Corona and Riverside will join synagogue leaders Tuesday for protest outside a local branch of the bank seeking the foreclosure, San Diego-based California Bank and Trust, known as CalBank. Williams hopes the rally will pressure the bank to renegotiate."

Click on the title to this post to see the original article. For assistance with bankruptcy in California, DC or Maryland, contact Axsmith Law at 202-285-5415, or www.Axsmith.net. For foreclosure defense litigation, Axsmith Law specializes in that practice.

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