First Galesburg National Bank & Trust Co. v. Martin

On July 25, 1975, First Galesburg National Bank and Trust Company (plaintiff) loaned *850 to Allen and Patricia Martin (defendants) in return for defendants’ note in the amount of *1,033.92 secured by a 1970 Mercury Montego. After obtaining title to the automobile, defendants failed to have the plaintiff’s lien shown upon the certificate of title as required by the security agreement. Defendant Allen Martin subsequently filed bankruptcy proceedings and was granted a discharge in bankruptcy as of February 7, 1977. Plaintiff was scheduled as a creditor of Martin in the bankruptcy case.

On June 3,1976,…