MacIoce v. Glinatsis

JOHNSON, Judge:

We are asked to construe Pennsylvania Rule of Civil Procedure 2959(f) and determine whether a lien obtained by confession of judgment may be impaired, upon a stay of execution, by granting a judgment debtor access to certain garnisheed bank accounts without substitution of security. We think not, and reverse the order granting such access.

A complaint for confession of judgment was filed by Domenic A. Macioce and Anita M. Macioce (hereinafter the Macioces) against Peter M. Glinatsis. Pursuant to the Macioces’ complaint a confession of judgment was entered in the amount of…