Connecticut Superior Court, 1991

Westport Bank Tr. v. Keehan, No. Cv91 28 27 93 (May 31, 1991)

Westport Bank Tr. v. Keehan, No. Cv91 28 27 93 (May 31, 1991)
Connecticut Superior Court · Decided May 31, 1991 · THIM, JUDGE. CT Page 4040
1991 Conn. Super. Ct. 4039
Westport Bank Tr. v. Keehan, No. Cv91 28 27 93 (May 31, 1991)

Opinion of the Court

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.] MEMORANDUM OF DECISION RE: PREJUDGMENT REMEDY The plaintiff claims its second mortgage does not fully secure its claim and wants a prejudgment remedy of attachment on the defendant's residence. The evidence shows that the fair market value of the property on which the plaintiff holds a first and second mortgage is $570,000.00. The other suggestions as to a higher or lower fair market value are mere speculation. The debt secured by the first mortgage is $412,000.00. The estimated cost of foreclosure on the first mortgage is $7,000.00. The debt secured by the second mortgage is $175,690.58. A prejudgment remedy of attachment on 84 Turkey Hill Road, Westport, Conn. in the amount of $35,000.00 will be sufficient to fully secure the plaintiff's claim. In view of the equitable claims of the defendant, a higher amount would not be appropriate.

THIM, JUDGE

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