Navigating the One-Action Rule in California: Overview | Practical Law

Navigating the One-Action Rule in California: Overview | Practical Law

A Practice Note providing an overview of California's one-action rule. This Note examines California's requirement that creditors of debt secured by California real property first exhaust their remedies against the property securing the debt before pursuing the debtor for personal liability. This Note also discusses California's limitations on creditors to one form of action and explains and compares remedies available through the judicial and non-judicial foreclosure processes.

Navigating the One-Action Rule in California: Overview

Practical Law Practice Note Overview w-000-7457 (Approx. 13 pages)

Navigating the One-Action Rule in California: Overview

by Practical Law Real Estate
MaintainedCalifornia
A Practice Note providing an overview of California's one-action rule. This Note examines California's requirement that creditors of debt secured by California real property first exhaust their remedies against the property securing the debt before pursuing the debtor for personal liability. This Note also discusses California's limitations on creditors to one form of action and explains and compares remedies available through the judicial and non-judicial foreclosure processes.