Jones v. McGaha

This is an appeal from granting of damages on a default judgment.

McGaha, plaintiff, bought a tractor and trailer from Jones, defendant, on October 21, 1982. The parties executed a security agreement and bill of sale evidencing the conveyance of the tractor and trailer. Plaintiff later sold the trailer to a third party. Plaintiff then failed to make several monthly payments to defendant. As a result, defendant repossessed the tractor on August 2, 1983. Plaintiff concedes that he was in default under the original agreement on the date of repossession.

After defendant repossessed the tractor,…