Ted Kaldis AKA Ted Lefteris Kaldis v. Crest Finance

OPINION

Laura Carter Higley, Justice

Following a bench trial, the trial court rendered judgment against Ted Kaldis a/k/a Ted Lefteris Kaldis for $51,012.66 in favor of Crest Finance. On appeal, Kaldis asserts that the trial court erred when it ruled that he had not shown that Crest Finance’s claim was barred by limitations.

We affirm.

Background

On May 25, 2007, Kaldis signed a Business Line of Credit Agreement (“the Agreement”) with Wachovia Bank. The Agreement provided that the maximum credit limit — that is, the maximum amount that Kaldis could have as an outstanding balance on the account —…