Kypta v. Walters

Hall, Presiding Judge.

Appeal by the defendants in an action for fraudulent misrepresentation, from a judgment for plaintiffs awarding actual and punitive damages and attorney’s fees.

Plaintiffs (a married couple of very limited education) went to the office of defendants to get a bill-consolidation loan. They gave defendant Duke a list of their creditors and signed a blank note made payable to Virginia P. Kypta d/b/a Mortgage Plans Company. They were told that all their creditors would be paid and that they would then owe the total paid out plus the legal rate of interest. Defendants actually…