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CONTINENTAL BANK v. SCHALER

362 Pa.Super. 610 (1987)

525 A.2d 388

CONTINENTAL BANK, Appellee, v. John J. SCHALER, III and Edmund C. Geatens, Appellants. Appeal of Edmund C. GEATENS.

Supreme Court of Pennsylvania.

Filed May 5, 1987.

Attorney(s) appearing for the Case

William W. Spalding, Philadelphia, for appellants.

T.J. Scully, Philadelphia, for appellee.

Before CAVANAUGH, MONTEMURO and BECK, JJ.

MONTEMURO, Judge:

This appeal lies from an Order denying appellant's petition to strike/open a judgment against him. In 1979 and 1981, the parties entered into loan agreements1 on which the balance due in 1983, when litigation commenced, was $55,000. As collateral for the debt, appellee accepted the title documents for appellant's 1966 Rolls Royce. Appellant defaulted, but sometime...

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