Bucks County Bank & Trust Co. v. DeGroot

Opinion by

Jacobs, J.,

The issue before us is whether the lower court abused its discretion in refusing to open two judgments entered by confession against appellants. After a review of the record and the law, we find no abuse of discretion and affirm.

On November 9, 1967, appellants, Cornelius and Helena DeGroot, signed two judgment notes totaling |16,900 in favor of appellee, Bucks County Bank & Trust Company [hereinafter referred to as “Bank”]. The proceeds of the notes were used to benefit Elizabeth DiMiglio, a personal friend of the DeGroots. Al*421though several interest payments were made,…