Savoy v. Beneficial Consumer Discount Co.

OPINION OF THE COURT

FLAHERTY, Justice.

This is an appeal from an order of the Superior Court which reversed and vacated 1 an order of the Court of Common Pleas of Delaware County awarding a deficiency judgment to the appellant, Beneficial Consumer Discount Company (hereinafter Beneficial), following repossession and resale of a vehicle in which Beneficial held a security interest. Beneficial had loaned to the appellee, Julia Savoy, the sum of $4,752.00, with repayments to be made in monthly installments. To secure repayment, Beneficial obtained a security interest in a 1964 Cadillac owned by…