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Federal Deposit Insurance Corporation, As Receiver For Downey Savings and Loan Association, F.A v. Absolute Investment Group

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA WESTERN DIVISION


October 22, 2012

FEDERAL DEPOSIT INSURANCE CORPORATION, AS RECEIVER FOR DOWNEY SAVINGS AND LOAN ASSOCIATION, F.A., PLAINTIFF,
v.
ABSOLUTE INVESTMENT GROUP, INC., A CALIFORNIA CORPORATION DBA PALACIO MORTGAGE;
TARA HOME FINANCIAL SERVICES, INC., A CALIFORNIA CORPORATION;
RAYA NICOLE GHAJAR, AN INDIVIDUAL; ET AL., DEFENDANTS.

The opinion of the court was delivered by: John F. Walter District Court Judge

JUDGMENT UPON STIPULATION AGAINST DEFENDANTS, RAYA NICOLE GHAJAR, AN INDIVIDUAL, AND CHRISTY LYNN BOSTEDER, AN INDIVIDUAL

The Court, having read and considered the Stipulation for Entry of Judgment ("Stipulation") in favor of Plaintiff, FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Downey Savings and Loan Association, F.A. ("FDIC-R") and against Defendants RAYA NICOLE GHAJAR, an individual, and CHRISTY LYNN BOSTEDER, an individual, jointly and severally; and Having considered also the ex parte application of the FDIC-R and the Declaration of Jean C. Wilcox filed in support wherein the Defendants' default in payments under the Stipulation is established; and

Finding that good cause exists therefor, IT IS HEREBY ORDERED that judgment in the above-captioned action shall be entered in favor of the Plaintiff, FEDERAL DEPOSIT INSURANCE CORORATION, as Receiver for Downey Savings and Loan Association, F.A., against Defendants, RAYA NICOLE GHAJAR, an individual, and CHRISTY LYNN BOSTEDER, an individual, jointly and severally, in the principal sum of Seventy-Five Thousand No/100 Dollars ($75,000.00 USD). This judgment is entered with respect to all of the claims and/or counts that are alleged in the complaint against RAYA NICOLE GHAJAR and CHRISTY LYNN BOSTEDER, including fraud and negligent misrepresentation, and is not dischargeable under 11 U.S.C § 523 (a)(2)(A), as agreed in the Stipulation at ¶ 4.7.

20121022

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