Hamilton Standard Federal Credit Union v. Maturo

The issue which the parties are attempting to present by this appeal is whether § 42-98 of the General Statutes, relating to foreclosures in connection with instalment sales financing, or chapter 848, dealing with chattel mortgages, applies to this case, where the plaintiff, the holder of a promissory note made by the defendant and secured by a chattel mortgage, sues to recover the *682balance due on the note after repossession and sale of the mortgaged property. The defendant in his answer, as a special defense, alleges that the note was executed by him in connection with the purchase of a 1957…