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Why would someone initiate an interpleader action?

**Purpose of Interpleader**: An Interpleader action is typically filed when a stakeholder (in this case, your former attorney) holds funds that are claimed by multiple parties (the loan company and possibly you) and seeks a courts determination on who is entitled to the funds.

What are the elements of the cause of action?

A complaint states a cause of action if it sufficiently avers the existence of the three (3) essential elements of a cause of action, namely: (a) a right in favor of the plaintiff by whatever means and under whatever law it arises or is created; (b) an obligation on the part of the named defendant to respect or not to

What is interpleader in California Rules of court?

The action of interpleader may be maintained although the claims have not a common origin, are not identical but are adverse to and independent of one another, or the claims are unliquidated and no liability on the part of the party bringing the action or filing the cross-complaint has arisen.

What is a complaint in interpleader?

An interpleader is a way for a party who holds property (a stakeholder ) to initiate a suit between all claimants, who are parties claiming a right to that property.

What is an example of an interpleader action?

This can also involve situation where a person is overseeing a property that two or more people claim to be rightfully theirs. The person is uninterested in the property and has no real stake in the situation, thus filing for interpleader action to relieve them of any liability.