Judge: Lee W. Tsao, Case: 23NWCV04117, Date: 2024-05-16 Tentative Ruling
Case Number: 23NWCV04117 Hearing Date: May 16, 2024 Dept: C
ALLY BANK, A CORPORATION v. MENCIAS, JR.
CASE
NO.: 23NWCV04117
HEARING:
05/16/24
#7
Plaintiff
ALLY BANK, a Corporation (“Plaintiff”) applies for a writ of possession against
Defendant HENRY R. MENCIAS, JR. (“Defendant”) pursuant to CCP §512.020.
The
Contract at issue concerning the sale of a 2016 Peterbilt 389 motor vehicle was
assigned to Plaintiff. (Singleton Decl., ¶5.) “Said Contract is in default…. As
of November 29, 2023, there is due, owing, and unpaid to Plaintiff on account
of the Contract the sum of $26,458.46….” (Id. ¶6.)
The
property has not been seized pursuant to an execution or attachment.
Based
on the evidence presented. It is relatively undisputed that Plaintiff’s claim
is valid.
The
balance owed ($26,458.46) is less than the value of the Property (as valuated
by Plaintiff to be between $47,500.00 and $64,025.00). Plaintiff is required to
post an undertaking in the amount of $47,500.00 within 10 days after the
Court’s issuance of this Order.
The undertaking required by
Defendant for redelivery or to stay delivery is $21,041.54,. (CCP §515.020.)