Walter E. Heller Western, Inc. v. Bloxham

Opinion

WALLIN, J.

Roger W. Bloxham appeals a deficiency judgment in favor of Walter E. Heller Western, Inc., a junior lienor, following Heller’s acquisition of Bloxham’s real property at the senior lienor’s nonjudicial foreclosure sale. Bloxham contends Heller’s deficiency judgment should be barred by Code of Civil Procedure section 580d or limited by section 580a.

Walter E. Heller Western, Inc. (Heller) made a series of loans to Roger W. Bloxham which were consolidated into a promissory note for $288,000 and secured by trust deeds on lots owned by Bloxham. These trust deeds were later…