Monroe v. General Motors Acceptance Corp.

OPINION

McDONALD, Chief Justice.

This is an appeal from an order of the trial court denying and overruling a motion to dissolve a Writ of Sequestration theretofore issued.

Plaintiff General Motors Acceptance Corporation filed suit against defendant Monroe alleging it owned a retail installment contract under which defendant purchased a 1976 Chevrolet automobile; that plaintiff had a security interest in the automobile to secure payment of the contract; and that defendant is in arrears on such contract. Plaintiff sought judgment for amounts due and foreclosure of its security interest.

Plaintiff…