This case was a quiet title action against a bank that held a note secured by the subject property. We won an affirmance in the Twelfth District because we showed that the bank could potentially receive funds through foreclosure and sale of the property if the higher priority creditors were properly paid, therefore, attempts to show that higher priority creditors would receive all of the proceeds were ineffective to remove the property lien and allow the creditors to circumvent the foreclosure.
-
Guarantee Title & Trust Co. v. Hines