Westinghouse Credit Corp. v. Chapman

Quillian, Judge.

Westinghouse Credit Corporation filed this action against Clabe Chapman seeking a money judgment for the balance owing on a security agreement (purchase money contract) originally executed by the defendant to Tidewater Equipment Company, Inc. on August 14, 1969. This agreement was assigned to the plaintiff on the same date. The complaint alleges that the equipment was repossessed by the plaintiff because of default and sold pursuant to the laws of Georgia, after notice to the defendant; that a deficiency resulted therefrom after the sale for which amount the complaint prayed…