Cessna Finance Corp. v. Pivo

Opinion

McDANIEL, J.

Introduction

The action in the trial court was for recovery of a deficiency judgment by the seller’s assignee against the buyers of three small aircraft after repossession and sale. Judgment was awarded the defaulting buyers on the theory that the transaction came under the Unruh Act which precludes deficiency judgments where the goods have been purchased for personal, family or household purposes. The- material facts are not disputed. In our view, there was misapplication of the law to the facts as found in that the trial court concluded that the aircraft had been purchased…