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IN RE LARA

BAP No. CC-82-1177HKV, Bankruptcy No. SA-81-02989 AP, Adv. No. SA-81-1345.

28 B.R. 16 (1983)

In re Francisco Castillo LARA and Maria Elena Lara, Debtors. Gary ZAGER and Richard Westley Pion, Appellants, v. Francisco Castillo LARA and Maria Elena Lara, Appellees.

United States Bankruptcy Appellate Panels of the Ninth Circuit.

Decided March 15, 1983.

Attorney(s) appearing for the Case

"17"/> Howard L. Rosoff, Dodell & Rosoff, Los Angeles, Cal., for appellants.

Michael J. Bazyler, Los Angeles, Cal., Scott W. Wellman, Wellman & Cane, Newport Beach, Cal., for appellees.

James H. Karp, Volk, Newman, Gralla & Karp, A Professional Corp., Los Angeles, Cal., for amicus curiae.

Before HUGHES, KATZ and VOLINN, Bankruptcy Judges.

HUGHES, Bankruptcy Judge:

Appellants, one of whom is licensed by the State of California as a real estate broker, appeal from an order holding that their loan to appellees violated the state constitution because of the amount of interest charged. We affirm.

I

Zager, who was employed as a bartender at the time of trial, has held a California real estate broker's license for several years. The record is not clear as to how he occupied himself in 1980...

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