Psarakis
Psarakis v. World Business Lenders Inc
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
NIKOLAOS PSARAKIS, et al., Plaintiffs, No. C 20-08868 WHA
v.
WORLD BUSINESS LENDERS INC, et ORDER GRANTING al., TEMPORARY
RESTRAINING ORDER
Defendants.
Plaintiffs Nikolaos and Panagiota Psarakis seek a temporary restraining order against the sale of their family home in California scheduled for December 17, 2020, at noon. A Fair Debt Collection Practices Act claim secures supplemental jurisdiction. 28 U.S.C. § 1367; 15 U.S.C. §§ 1692 et seq. For the reasons that follow, relief is GRANTED. According to the sworn declaration, plaintiffs, Greek immigrants with little English proficiency, fell prey to predatory lending, or at least to a predatory broker. They sought a mortgage on their family home and, through contacts in the Greek community, found defendant Pete Boudouvas, a self-styled mortgage broker. Boudouvas told plaintiffs to transfer title to their home to their butcher-shop business and secured them a supposedly weeks-long,…