Reliable Savings & Loan Ass'n v. Joyce

ROWLEY, Judge:

This is an appeal by Equibank, from a final decree of distribution of proceeds from a sheriffs sale awarding the proceeds to appellee, Pittsburgh National Bank (PNB). Both Equibank and PNB had obtained independent judgments against defendants Philip and Patricia Joyce, Equibank’s having been obtained first in time. PNB has never commenced any execution proceedings against the Joyces to obtain satisfaction of its judgment. Equibank, on the other hand, was the successful bidder (for costs alone) on property being sold on January 9, 1987, with regard to its judgment against the…