General Motors Acceptance Corp. v. Sears
Fairfax County Circuit Court
1Opinion of the Court
By JUDGE ROSEMARIE ANNUNZIATA
The matter before the Court is plaintiff’s Motion for Judgment for the deficiency balance due under an installment sales contract executed by the defendant.
The following issues are presented in this case: (1) whether the plaintiff or the defendant had the burden of proving compliance with the procedures for resale specified in Va. Code § 8.9-504 (1990 Supp.); (2) whether the sale was conducted in compliance with these procedures; (3) if the resale did not comply with § 8.9-504, what is the proper remedy.
Virginia Code § 8.9-504 sets forth the procedures a creditor…
2Cases cited16 opinions
- Norton v. Nat. Bank of Commerce of Pine BluffSupreme Court of Arkansas · 1966
- Mallicoat v. Volunteer Finance & Loan Corp.Court of Appeals of Tennessee · 1966
- Community Manage. Ass'n of Colorado Sp. v. TousleyColorado Court of Appeals · 1973
- Braswell v. American National BankCourt of Appeals of Georgia · 1968
- State Bank of Towner v. HansenNorth Dakota Supreme Court · 1981
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3Cited by1 opinion
- American General Financial Services, Inc. v. Woods-WitcherCourt of Appeals of Georgia · 2008