ELKE COFFEY, et al., Plaintiffs, v. CAPITAL FORECLOSURE SERVICES, INC., et al., Defendants.

Case No.: EC069263

Hearing Date: October 24, 2018

[TENTATIVE] order RE:

OSC RE TEMPORARY RESTRAINING ORDER and preliminary injunction

BACKGROUND

Plaintiff Elke Coffey, managing member of Plaintiff Las Tunas DCE, LLC (“Plaintiffs”), owns real property located at 1062 E. Las Tunas Drive, San Gabriel, CA 91776. Plaintiffs allege that on April 12, 2007, they financed the property with a loan of $100,000.00 and Plaintiffs executed a promissory note and a deed of trust. On July 11, 2008, Plaintiffs modified the original deed of trust by increasing it by an additional $50,000.00. On April 4, 2011, a third modification was entered, stating Plaintiffs paid Defendants $20,000.00 towards the principal balance. On May 31, 2013, a fourth modification was entered between Las Tunas DCE, LLC and Defendant William Barber Wright, Trustee of the Writ Trust dtd 11-19-8 (“Wright”), altering the interest rate f