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TRIANGLE MANAGEMENT SERVICES v. ALLSTATE SAV. & LOAN

No. C-82-3395-WAI.

21 B.R. 699 (1982)

TRIANGLE MANAGEMENT SERVICES, a California corporation, Plaintiff, v. ALLSTATE SAVINGS AND LOAN ASSOCIATION, a California corporation, Trans-Coast Services, Inc., a California corporation, T.D. Service Company, Defendants.

United States District Court, N.D. California.

July 14, 1982.

Attorney(s) appearing for the Case

Robert Craig Iseley, Plefka & Isley, Sacramento, Cal., for plaintiff.

Dave M. McGraw, Alvarado, Rus & McClellan, Walnut Creek, Cal., for defendants.

MEMORANDUM OF DECISION

WILLIAM A. INGRAM, District Judge.

Plaintiff's Application for a Preliminary Injunction is denied because in the opinion of the Court the stay of proceedings provided in 11 U.S.C. § 362, does not toll the reinstatement period of a loan secured by deed of trust provided by Civ.C. § 2924, in favor of a junior lien holder-creditor.

This compels a finding that there is not even a fair chance of plaintiff's ultimately...

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