Toro Credit Co. v. Zeytoonjian

Summary

The court held that the defendants' appeal was from a final judgment because the trial court had determined both the foreclosure method and the debt amount, even though sale details remained unresolved. It further held that the trial court acted within its equitable discretion in ordering a foreclosure by sale of both parcels, considering the parties' remedies provision, the property's value relative to the debt, the plaintiff's bargained-for security, and the protection against an unwarranted windfall. The court affirmed the order of foreclosure by sale.