Transamerica Commercial Finance Corp. v. Naef

CARDINE, Justice.

Appellant Transamerica Commercial Finance Corporation (Transamerica) seeks to recover from appellee Linda Naef sums due under a promissory note she and her husband signed in an attempt to save his business. Since we agree with the trial court that no consideration was given for Mrs. Naef’s signature on either the note or the loan guarantee she signed, and since Mrs. Naef cannot be considered an accommodation party on either document or a comaker on the note, we affirm the trial court’s judgment for appellee and dismissal of Transameriea’s complaint.

Appellant states the issues…