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PORTAGE COUNTY BANK v. DEIST

No. 89-2266.

159 Wis.2d 793 (1990)

464 N.W.2d 856

The PORTAGE COUNTY BANK, Plaintiff-Respondent, v. James C. DEIST, and Jo Ann E. Deist, Defendants-Appellants.

Court of Appeals of Wisconsin.

Decided December 20, 1990.

Attorney(s) appearing for the Case

For the defendants-appellants the cause was submitted on the briefs of James M. Siehr, of Madison.

For the plaintiff-respondent the cause was submitted on the briefs of Anderson, Shannon, O'Brien, Rice & Bertz, by Robert F. Konkol, of Stevens Point.

Before Eich, C.J., Gartzke, P.J., and Sundby, J.

GARTZKE, P.J.

James and Jo Ann Deist appeal from a judgment in favor of M&I Bank of Portage County foreclosing their interests in their home. The foreclosure arises out of the Deists' guarantees to the bank on its loans to Deist Forest Products, Inc. After Forest Products defaulted on the loans, it sought protection under chapter 11 of the Bankruptcy Code and proposed a reorganization plan.

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