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ST. CHARLES SAV. & LOAN ASS'N v. EST. OF SUNDBERG

No. 85-0437.

150 Ill. App.3d 100 (1986)

501 N.E.2d 322

ST. CHARLES SAVINGS & LOAN ASSOCIATION, Plaintiff, v. THE ESTATE OF WALTER J. SUNDBERG, Deceased, et al., Defendants (United States, Defendant-Appellant; Betty Sundberg et al., Defendants-Appellees).

Appellate Court of Illinois — Second District.

Opinion filed November 24, 1986.

Attorney(s) appearing for the Case

Anton R. Valukas, United States Attorney, of Chicago, and Daniel Bensing, Leonard Schaitman, and Robert K. Willard, all of Department of Justice, of Washington, D.C. (Carol A. Davilo, Assistant United States Attorney, of counsel), for appellant.

Leonard J. Seraphin, of Schifeling & Seraphin, Ltd., of St. Charles, for appellees.

Judgment affirmed.

JUSTICE STROUSE delivered the opinion of the court:

This action was brought by the Small Business Administration (SBA) to recover the $75,000 proceeds of a foreclosure sale which were paid to the widow of an SBA-guaranteed borrower instead of to the United States. Following the entry of an order for foreclosure and the denials of the United States' petition for a turnover order and motion for reconsideration, the United States appealed....

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