American Savings Bank v. Waschkat

423 N.W.2d 202 (1988)

AMERICAN SAVINGS BANK, Appellant,

v.

Janice C. WASCHKAT, Appellee, and

Lavern H. Waschkat, Defendant.

No. 86-1860.

Supreme Court of Iowa.

May 11, 1988.

Rehearing Denied June 15, 1988.

David M. Engelbrecht of Engelbrecht, Ackerman & Hassman, Waverly, for appellant.

Gary J. Boveia of Boveia Law Offices, Waverly, for appellee.

Considered en banc.

CARTER, Justice.

The plaintiff, American Savings Bank (the bank), appeals from an order of the district court which reduced the amount of a judgment it recovered against appellee, Janice Waschkat, as co-obligor on a promissory note. This action…