Chesak v. Northern Indiana Bank & Trust Co.

GARRARD, Judge.

Donald and Jeannie Chesak appeal the entry of summary judgment in favor of Northern Indiana Bank and Trust Co. (Northern). Northern sued the Chesaks on a note Donald made and Jeannie guaranteed. We affirm the entry of summary judgment yet remand for a hearing on damages.

On November 20, 1985 Donald signed a note promising to repay Northern $7752 plus interest accruing at 17.001% over a two year period. Including credit life insurance premiums, Donald was to pay $383.28 per month for a total sum of $9198.72. Donald gave a security interest in his 1980 Oldsmobile Regency.

Donald…