BOLDUC v. BEAL BANK, SSB

Civil No. 97-570-JM.

994 F.Supp. 82 (1998)

Lionel R. BOLDUC and Maureen C. Bolduc v. BEAL BANK, SSB.

United States District Court, D. New Hampshire.

February 3, 1998.


Attorney(s) appearing for the Case

Peter D. Wenger, Wenger & Cronin, PC, Bedford, NH, Michael C. McLaughlin, Boston, MA, for Plaintiffs.

Jaimie N. Hage, Peabody & Brown, Manchester, NH, for Defendant.


ORDER

MUIRHEAD, United States Magistrate Judge.

Plaintiffs Lionel and Maureen Bolduc brought suit to prevent foreclosure upon their home, owned by Maureen Bolduc, and a parcel of undeveloped land owned jointly by them. According to the terms of a 1991 Forbearance Agreement, the home and land provide additional security through "blanket" second mortgages for two 1987 notes upon which plaintiffs had defaulted. Plaintiffs contend that the 1987 notes...

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