Toro Credit Co. v. Zeytoonjian

Summary

The court held that the defendants' appeal challenged a final judgment because the trial court had determined both the foreclosure method and the debt amount, even though sale details remained unresolved. Applying abuse-of-discretion review, the court upheld foreclosure by sale of both parcels because it protected the plaintiff's bargained-for security, avoided a potential windfall or shortfall, and reasonably accounted for the parties' contractual arrangement. The court also held that the remedies provision could properly be considered as one factor in balancing the equities, without treating it as controlling.