Devon Bank v. Schlinder

Mr. PRESIDING JUSTICE JIGANTI

delivered the opinion of the court:

This appeal concerns a confession of judgment contained in a contract to sell real estate to the defendants, Raymond Schlinder and Norma Marcie, by the plaintiff, Devon Bank, as trustee under Trust No. 1396. The defendants appeal from the order of the circuit court of Cook County which confirmed the judgment by confession in the amount of $30,529,18 and denied a motion to open the judgment. On appeal, the defendants argue (1) the judgment by confession was void because the plaintiff was not the seller to whom authority to confess…