Trans Union Leasing Corp. v. Hamilton

OPINION

FEDERICI, Justice.

Appellee Trans Union Leasing Corporation (Trans Union) brought this action against appellants Paul and Bettie Hamilton for breach of an equipment lease contract and to foreclose on a real estate mortgage which Trans Union held as security for the Hamiltons’ performance of the contract. The trial court directed a $57,000 verdict for Trans Union following Trans Union’s presentation of its case and ordered foreclosure of Trans Union’s mortgage on the Hamiltons’ farm. The Hamiltons’ counterclaim against Trans Union was dismissed. The Hamiltons appeal.

The Hamiltons are…