Chang
SANWA BANK CALIFORNIA v. Chang
Opinion
Opinion
Vogel, J.
Introduction
Defendant and appellant Jean C. Chang (Jean) appeals from a judgment in favor of plaintiff and respondent Sanwa Bank California (Sanwa Bank), by which the trial court found her liable for fraudulent conveyance as the transferee of the family residence from her husband, George Chang (George), prior to George’s filing for bankruptcy. Jean argues that George’s discharge from bankruptcy also served to discharge her from liability on state law grounds for the fraudulent conveyance of the residence. We disagree and affirm the judgment.
Factual and Procedural Background
In December 1997, George obtained an unsecured line of credit in the sum of $48,000 from Sanwa Bank. Jean was not a party to the transaction.
In January 1999, George conveyed by quitclaim deed, and without consideration, his interest in the family residence to Jean.
George defaulted on the loan in late January 1999. In June 1999, Sanwa Bank filed the present complaint against George and Jean for fraudulent conveyance and against George for breach of credit line agreement, money lent, open book account, and breach of personal guaranty.
In September 1999, George filed a chapter 7 ( 11 U.S.C. §…