Legal Opinion

Bank of Bearden v. Simpson

Supreme Court of Arkansas

Decided April 29, 1991No. 91-22Published

1Opinion of the Court

808 S.W.2d 341 (1991)

305 Ark. 326

BANK OF BEARDEN, Appellant,

v.

Delton SIMPSON, Darlene Simpson, Letha Simpson, and Gee Owens, Appellees.

No. 91-22.

Supreme Court of Arkansas.

April 29, 1991.

David L. Sims, Pine Bluff, for appellant.

Don P. Chaney, Jr., Arkadelphia, for appellees.

NEWBERN, Justice.

This mortgage foreclosure case presents a question with which we have not previously dealt. If a lender accepts both personalty and realty as collateral for a loan and, upon default, proceeds first against the personalty in a commercially unreasonable manner, how will the remainder of the debt be calculated…

Also in this document: Concurring in part, dissenting in part · Brown; Concurrence; Concurring in part, dissenting in part · Brown.

2Cases cited14 opinions

  1. Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
  2. First State Bank v. HallettSupreme Court of Arkansas · 1987
  3. Wilson v. WilsonSupreme Court of Arkansas · 1980
  4. Deason v. Farmers & Merchants BankSupreme Court of Arkansas · 1989
  5. Liberty Bank v. Honolulu Providoring, Inc.Hawaii Supreme Court · 1982

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