JAMES TALCOTT v. VALLEY FEDERAL SAV. & LOAN

No. 1698.

611 S.W.2d 692 (1980)

JAMES TALCOTT, INC., d/b/a James Talcott Factors, Appellant, v. VALLEY FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellee.

Court of Civil Appeals of Texas, Corpus Christi.

December 29, 1980.


Attorney(s) appearing for the Case

William L. Morrow, Carinhas, Dale & Morrow, Brownsville, for appellant.

William E. Corcoran, Cardenas & Whitis, McAllen, for appellee.


OPINION

BISSETT, Justice.

The controlling question to be decided in this appeal is whether monies owned by a judgment-debtor in a tax and insurance escrow account and held by a mortgagee in accordance with the requirements of a deed of trust duly executed by the judgment-debtor in favor of the mortgagee are subject to garnishment by a judgment-creditor. Another determination to be made by us is whether the mortgagee (garnishee) is entitled to recover attorney...

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