As recently reported in the last issue of the UTA eNews, Judge Samuel Bufford (Central District of California) announced a new directive that requires creditor’s counsel to present originals of all promissory notes (secured or unsecured, apparently) involved in relief from stay motions.  Otherwise, the motion will be denied (with certain exceptions).

We would like to know of any cases working their way through the courts that you are a party to that will clearly be adversely affected by Judge Bufford’s directive and which could be supported by the Association.  If so, please contact both Richard Meyers, UTA Executive Director and Phillip M. Adleson, Esq., Adleson, Hess & Kelly, UTA’s Corporate Counsel.

Click Here to read an article detailing how this directive will have a substantial impact on relief from stay practice.