Estate of Isaacson v. Hertz

MR. PRESIDING JUSTICE ENGLISH

delivered the opinion of the court.

This appeal has been taken from an order allowing the claim of General Federal Savings & Loan Association in the amount of $72,051.57 against the Estate of Marvin L. Isaacson, deceased. The basis for the claim was a non-recourse mortgage note made to claimant by Chicago National Bank, as Trustee. The payments required by the note were guaranteed by three individuals, including the decedent, Marvin L. Isaacson.

In the trial court there was no defense raised to the merits of the claim, but respondent contended there, as here, that…