Bank of Northwest v. Brattain

Plaintiff bank sued defendant on a personal guaranty in the amount of $150,000 given by defendant in August, 1977, when she was married to Carl Petersen. In 1980, defendant and Petersen were divorced and, in 1981, plaintiff loaned $190,368.53 to Petersen, dba Petersen Construction Company, taking a promissory note and an assignment of a land sale contract as security. Petersen defaulted on the note, and plaintiff obtained a judgment against him for $204,914.63, with interest from August 19, 1982. When Petersen did not pay the judgment, plaintiff filed this action to recover from defendant.…