Central Finance Co., Inc. v. Stevens

The opinion of the court was delivered by

Prager, J.:

This is an action brought by a finance company to recover a deficiency judgment on a promissory note following repossession and sale of an automobile in which the finance company had a security interest. The sole issue presented in the case is whether the plaintiff-appellant, Central Finance Company, Inc., was precluded from obtaining both possession of the collateral and a deficiency judgment under the provisions of the Kansas Uniform Consumer Credit Code (K. S. A. 16a-l-101 through 16a-9-102). The facts are undisputed and were stipulated…