(DOWNLOAD) "Commonwealth Bank and Trust Company v. John E. Hemsley" by Superior Court of Pennsylvania * Book PDF Kindle ePub Free
eBook details
- Title: Commonwealth Bank and Trust Company v. John E. Hemsley
- Author : Superior Court of Pennsylvania
- Release Date : January 03, 1990
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 75 KB
Description
Commonwealth Bank and Trust Company, N.A., appeals from the September 20, 1989 order of the Lycoming County Court of Common Pleas which dissolved a lien created by a court order on an escrow account, distributed the proceeds of the account to appellee, and dismissed the motion for contempt filed by appellant. Appellants sole issue is whether the protections of the Deficiency Judgment Act may be invoked by a mortgagor against whom the mortgagee has not acquired a personal judgment. The trial court concluded that since appellant-mortgagee had failed to comply with the requirements of the Deficiency Judgment Act, appellee-mortgagor owes no further obligation to appellant under the terms of the mortgage agreement. We concur with the trial courts ruling and affirm.
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