The bankruptcy judge who had heard the case (whose brother was a vice president in the loan department at the Sobarnias’ largest creditor, Central Federal Savings) and generally ruled against them later took a job with the law firm that had represented the Sobarnias.

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Central Federal and a seedy tale of San Diego bankruptcy court

Debtor: The inglorious road to financial ruin

When Jay and Geri Sobarnia filed for bankruptcy in 1980, they owned a $550,000 house, a couple of small businesses, and two apartment houses, and their monthly payments were current on the $1,670,000 they owed ...


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