Resolution Trust Corp. v. Holtzman
Appellate Court of Illinois
1Opinion of the CourtJustice Greiman
Plaintiff, Resolution Trust Corporation, 1 filed an action to foreclose a mortgage secured by a multi-unit apartment building, title to which is in codefendant Harris Trust & Savings Bank, as trustee, under trust agreement known as trust No. 43840. Richard M. Holtzman (Holtzman) guaranteed the mortgage note and was joined as a defendant.
The trial court entered judgment for foreclosure in favor of plaintiff, later confirmed the sheriff’s sale in the sum of $414,800 and entered a deficiency judgment against Holtzman for $398,207.67 on the guaranty.
On appeal, defendants contend that the trial…
2Cases cited23 opinions
- Dayan v. McDonald's Corp.Appellate Court of Illinois · 1984
- In the Matter of Donald Eugene Bundles, Debtor-Appellant. In Re Donald Eugene Bundles v. William J. Baker, Indiana National Bank and James C. WellsCourt of Appeals for the Seventh Circuit · 1988
- In Re Application of BusseAppellate Court of Illinois · 1984
- Levy v. Broadway-Carmen Building Corp.Illinois Supreme Court · 1937
- First National Bank of Cicero v. SylvesterAppellate Court of Illinois · 1990
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- Barille v. Sears Roebuck and Co.Appellate Court of Illinois · 1997
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