Gonzalez v. Stone
Roy L. Stone and Robert Stone appeal following a court trial resulting in a judgment in favor of respondents Urbano and Elisa Gonzalez. The Gonzalezes do not speak or read English. To help their son, Ricardo Gonzalez (Ricardo), purchase a home from the Stones, the Gonzalezes pledged their home as partial security for a loan. Ricardo failed to make timely payments to the Stones, and the Stones initiated nonjudicial foreclosure proceedings. The Gonzalezes lost their home. The trial court awarded damages to the Gonzalezes after concluding that the loan transactions were invalid under Civil Code section 1632. Although section 1632 does not apply to the loan, the judgment is supported by another legal theory. Court affirm.
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