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COMMERCIAL CREDIT LOANS, INC. v. ESPINOZA

No. 1-96-1084.

689 N.E.2d 282 (1997)

293 Ill. App.3d 915

228 Ill.Dec. 410

COMMERCIAL CREDIT LOANS, INC., Plaintiff, v. Maria ESPINOZA, Unknown Spouse of Maria Espinoza, Angel Murgia, Pricilliana Murgia, Unknown Owners and Non-Record Claimants, Claimants, Defendants-Appellees (Paul B. Javaras and Hema K. Prasad, Third Party Bidders-Appellants).

Appellate Court of Illinois, First District, Second Division.

December 30, 1997.

Attorney(s) appearing for the Case

Steven B. Bashaw, McBride, Baker & Coles, Chicago, for Third Party Bidders-Appellants.

Norris & McLenachen, P.C., David R. McLenachen, Michael D. Norris, Chicago, for Defendants-Appellees.

Presiding Justice COUSINS delivered the opinion of the court:

This is an appeal from the trial court's denial of a petition to confirm the report of sale and distribution of certain property to appellants Paul B. Javaras and Hema K. Prasad, who were the high bidders of the property at a mortgage foreclosure sale. The property had been foreclosed by plaintiff, Commercial Credit Loans, Inc. (Commercial), after mortgagee, Maria Espinoza, defaulted on the mortgage. On...

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