Davis v. Ford Motor Credit Co.

Quillian, Chief Judge.

This is an appeal from a summary judgment for plaintiff in an action to obtain a deficiency judgment after the sale of repossessed collateral.

Appellant (defendant) purchased three dump trucks by installment contracts and appellee became the holder in due course of the contracts. When appellant defaulted on the required payments appellee repossessed the trucks and, after due notice to appellant, sold each of the trucks at private sales for less than the amount owing on the purchase contracts. Thereafter, appellee commenced this action to recover the deficiencies between…