Life Savings Bank v. Wilhelm
Oct 13, 2000OUTCOME: Court of Appeal affirmed trial court ruling in favor of defendants and respondents.
A banking institution must seek a deficiency judgment, if available, on a foreclosure within 3 months of the sale. Code of Civil Procedure section 726 is a true statute of limitations, such that reli ... ef is not available under Code of Civil Procedure section 473 for failure to comply with this deadline.
