Bankr. L. Rep. P 75,305 United States of America v. Dos Cabezas Corp., an Arizona Corporation State of Arizona Department of Economic Security

CANBY, Circuit Judge:

The United States appeals the district court’s ruling that, in an action brought by the United States for a deficiency judgment on a promissory note that was secured by a deed of trust, the United States is subject to a six-year limitations period. In addition the United States challenges the district court’s determination that, because the government’s cause of action accrued on the date the defendant defaulted on the obligation, rather than on the date that the government accelerated the date payment was due, the government’s action to recover a deficiency judgment is…