PNC Bank, N.A. v. Schmidt Roofing of Kewaskum, WI, Inc., 14-cv-832-pp. (2018)
Court: District Court, E.D. Wisconsin
Number: infdco20181204d74
Visitors: 17
Filed: Dec. 03, 2018
Latest Update: Dec. 03, 2018
Summary: ORDER REGARDING DISTRIBUTION OF SURPLUS PROCEEDS PAMELA PEPPER , District Judge . The court confirmed the judicial sale of real estate in this foreclosure case on March 16, 2017, dkt. no. 67, and, on March 9, 2018, ordered the plaintiff to file a motion asking the court to distribute the balance of the sale proceeds, dkt. no. 68. In response to the court's order, the plaintiff filed a motion for an order directing that the surplus funds remain deposited with the Treasurer of the United Stat
Summary: ORDER REGARDING DISTRIBUTION OF SURPLUS PROCEEDS PAMELA PEPPER , District Judge . The court confirmed the judicial sale of real estate in this foreclosure case on March 16, 2017, dkt. no. 67, and, on March 9, 2018, ordered the plaintiff to file a motion asking the court to distribute the balance of the sale proceeds, dkt. no. 68. In response to the court's order, the plaintiff filed a motion for an order directing that the surplus funds remain deposited with the Treasurer of the United State..
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ORDER REGARDING DISTRIBUTION OF SURPLUS PROCEEDS
PAMELA PEPPER, District Judge.
The court confirmed the judicial sale of real estate in this foreclosure case on March 16, 2017, dkt. no. 67, and, on March 9, 2018, ordered the plaintiff to file a motion asking the court to distribute the balance of the sale proceeds, dkt. no. 68. In response to the court's order, the plaintiff filed a motion for an order directing that the surplus funds remain deposited with the Treasurer of the United States or designated depository under 28 U.S.C. §2041. Dkt. No. 69. The plaintiff explained that it had been unable to contact the defendants during the pendency of the litigation and that it had served all parties with the complaint and a copy of its motion. Id. at 2. No junior lienholders or any parties have filed a claim to the surplus funds. Id. at 3.
The court ORDERS that the surplus proceeds shall remain deposited with the U.S. Treasurer or designated depository in the name and to the credit of the court under 28 U.S.C. §2041. The surplus proceeds shall be held consistent with the procedures set forth in 28 U.S.C. §§2041 and 2042.
Source: Leagle
