Chicago City Bank & Trust Co. v. Wilson

Plaintiff brought this action as assignee of a retail installment contract to recover a deficiency due thereon. Defendant counterclaimed for damages he allegedly suffered. Following a bench trial, the court denied plaintiff any deficiency and ordered plaintiff to return defendant’s down payment, to pay defendant’s reasonable attorney’s fees, and to pay for defendant’s personal property loss. Plaintiff’s motion for a new trial was denied and this appeal followed.

In the complaint plaintiff alleged that it was the assignee of a retail installment sales contract which had been executed by…