Walker v. Community Bank

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining § 726(a) in terms of “the election of remedies doctrine” and stating that the purpose of the statute “is to prevent the creditor from enforcing its rights by more than one remedy”
• “the clear purpose of section 726... requires] a secured creditor to exhaust all security first”
• “[W]here the creditor sues on the obligation and seeks a personal money judgment against the debtor ... he makes an election of remedies, electing the single remedy of a personal action, and thereby ■ waives his right to foreclose_”

Source: CourtListener parenthetical corpus (CC0).