Citizens State Bank of Grainfield v. Kaiser

Davis, J.:

Anna Kaiser appeals from the district court’s ruling that her disclaimer of interest in joint tenancy accounts does not relate back to the date of her sister’s death and defeat the interest that her -judgment creditor, Citizens State Bank of Grainfield (Citizens State Bank), had acquired through garnishment.

On February 6, 1986, Citizens State Bank filed a petition seeking judgment against Anna and Carl Kaiser for the unpaid balance on a promissory note and foreclosure of a mortgage on the Kaisers’ homestead. The Kaisers did not answer, and on May 13, 1986, the court entered judgment…