City Bank & Trust Co. v. Van Andel

This is an action on a guaranty executed by the defendant, Helen L. Van Andel, on January 5,1976, to secure indebtedness of her son, Ronald Van Andel, to the plaintiff, City Bank & Trust Co., Crete, Nebraska. The petition alleged that there was $94,819.82 due the bank on August 2, 1982, the date on which Ronald Van Andel and his wife, Pamela, filed a petition in bankruptcy. Through liquidation of collateral and payments by the debtor, the amount due the bank was reduced to $71,003.35, which amount the plaintiff sought to recover under the guaranty.

The defendant’s answer alleged that the…