Confederation Life Insurance v. Morrisville Properties, L.P.

CAVANAUGH, Judge:

Confederation Life Insurance Company (“Confederation Life”), a judgment creditor, purchased real property belonging to Morris-ville Properties, L.P. (“Morrisville”), at an execution sale. Confederation Life filed a petition to fix the property’s fair market value for determining its right to a deficiency judgment. Morrisville and Site Development, Inc. (“SDI”) filed a cross-petition to have the judgment marked satisfied based on Confederation Life’s delay in petitioning to establish its right to a deficiency judgment. The Court of Common Pleas of Bucks County denied…