What is the risk of making a full credit bid against a borrower?
California, United States of America
The following excerpt is from Kolodge v. Boyd, 105 Cal.Rptr.2d 749, 99 Cal.App.4th 349 (Cal. App. 2001):
The danger in making a full credit bid is that it may foreclose certain postsale remedies by the lender-beneficiary against not only the borrower but also third parties. For example, in Cornelison v. Kornbluth,
[99 Cal.App.4th 358]
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