Bank of America v. Kosovich
Colorado Court of Appeals
1Opinion of the Court
*66Opinion by
Judge METZGER.
In this action for a deficiency judgment on a promissory note, plaintiff, Bank of America (the Bank), appeals the judgment entered on a jury verdict in favor of the defendants, John L. Kosovich, Sr. and John L. Kosovich, Jr. (the Kosoviches). We reverse and remand for a new trial.
On November 5, 1987, the Kosoviches executed and delivered a promissory note, secured by a deed of trust in the original principal amount of $103,000. The Bank is the assignee of the note and deed.
When the Kosoviches defaulted on the note, the public trustee sold the real property pursuant to…
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- Goebel v. Colorado Department of InstitutionsSupreme Court of Colorado · 1992
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