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· 1/18/1897

In re Assigned Estate of Wetzler

Citations

  • 3 Pa. Super. 435
  • 1897 Pa. Super. LEXIS 37

Syllabus

<p>Assigned estate — Judgments—Prior execution — Distribution.</p> <p>It is the status of a claim at the time of an assignment for benefit of creditors that determines the amount due thereon, but where a claim has been reduced to judgment and execution has issued thereon and levy been made, before the date of the assignment, there is a pro tanto satisfaction of so much of the judgment as was made on the execution. It follows,’ therefore, that the creditor can only claim a dividend on the balance due after such deduction, and not on the face of the claim.</p>

Judges: Beaver, Orlady, Reeder, Rice, Smith, Wickham, Willard

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.