United Companies Lending Corp. v. Peacock

Benham, Chief Justice.

This case involves an appeal from the granting of a permanent injunction and the award of attorney fees.

David and Duron Peacock borrowed funds from United Companies Lending Corporation (“UCLC”) to purchase property, and gave UCLC a security deed on the property. In March 1993, the Peacocks requested a payoff figure and amortization schedule of loan history from UCLC in order to pay off the note. In April 1993, the Peacocks received an inaccurate payoff figure which overstated the amount of interest due, but did not receive an amortization schedule of loan history. At…