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Pursuant to Ind.Appellate Rule 65(D), this Memorandum Decision shall not be regarded as precedent or cited before any court except for the purpose of establishing the defense of res judicata, collateral estoppel, or the law of the case. ATTORNEY FOR APPELLANTS: Attorney for Townsend H. Porter, Jr., and Townsend Porter Revocable Trust: EDWARD P. BENCHIK Shedlak & Benchik Law Firm LLP South Bend, Indiana ATTORNEYS FOR APPELLEE: JEFFREY A. JOHNSON TREVOR Q. GASPER May Oberfell Lorbert Mishawaka, Indiana

FILED
Dec 31 2012, 10:55 am
of the supreme court, court of appeals and tax court

IN THE COURT OF APPEALS OF INDIANA
TOWNSEND H. PORTER, JR., TOWNSEND PORTER REVOCABLE TRUST and BRIAN H. MERRITT, Appellants-Defendants, vs. 1ST SOURCE BANK, Appellee-Plaintiff. ) ) ) ) ) ) ) ) ) ) )

CLERK

No. 71A03-1205-CC-236

APPEAL FROM THE ST. JOSEPH SUPERIOR COURT The Honorable Michael P. Scopelitis, Judge Cause No. 71D07-1102-CC-69

December 31, 2012 MEMORANDUM DECISION - NOT FOR PUBLICATION MAY, Judge

Townsend Porter, Jr.1 appeals the trial court's denial of his exemption from proceedings supplemental filed by 1st Source in an effort to collect a debt owed by Porter. We affirm. FACTS AND PROCEDURAL HISTORY On November 21, 2011, the trial court granted summary judgment in favor of 1st Source and entered judgment jointly and severally against Porter, the Townsend Porter, Jr. Revocable Trust, and Brian H. Merritt for $5,319,544.90, which is the amount owed for an airplane purchased but later repossessed, plus prejudgment interest and attorneys' fees. In an effort to collect on the amount, 1st Source filed proceedings supplemental against six banks. Bank of America replied to the proceedings supplemental, indicating Porter held an account jointly with his wife, Beverly, at Bank of America. On January 12, 2012, Bank of America froze Porter's account and disbursed the balance of the account, $34,261.13, to 1st Source. On February 27, Porter filed a claim for exemption of the proceeds in the account, and the trial court conducted hearings on March 2 and March 19. Porter and Beverly did not attend either hearing; instead they proffered affidavits claiming the Bank of America account was exempt from seizure by 1st Source via the proceedings supplemental. 1st Source filed a motion to strike the affidavits. The trial court granted the motion finding, "I.C. 34-55-8-9 requires that parties appear and answer, without further pleadings,

1

Merritt did not participate in this appeal or in the proceedings supplemental; however, a party of record at trial is a party on appeal and thus we include his name here. See Indiana Appellate Rule 17(A) ("A party of record in the trial court . . . shall be a party on appeal.").

2

upon the oral examination and testimony of parties and witnesses. The defendant Townsend H. Porter, Jr. has not, as of the date of this order, appeared and answered as required by the court's February 23, 2012 order." (App. at 104.) On April 25, the trial court denied Porter's exemption claim and ordered the funds from the Bank of America account to remain with 1st Source. DISCUSSION AND DECISION Porter appeals from a negative judgment, and thus we will not reverse the trial court's decision unless it is contrary to law. Id. We consider only the evidence favorable to the trial court's decision and make all reasonable inferences therefrom in favor of the decision. Id. We will reverse "only where the evidence lead to but one conclusion, and the trial court reached the opposite conclusion." Fitzgerald v. Cummings, 792 N.E.2d 611, 614 (Ind. Ct. App. 2003). A proceedings supplemental is a narrowly defined as: If an execution against the property of the judgment debtor or any of several debtors in the same judgment is returned unsatisfied, in whole or in part, the judgment creditor, after the return is made, is entitled to an order to be issued by any circuit, superior, or city court in the jurisdiction to which the execution issued that requires the judgment debtor to appear before the court to answer concerning the judgment debtor's property, income, and profits within the county to which the execution was issued. Ind. Code

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