First Financial of Louisiana Savings & Loan Ass'n v. Kraft
Louisiana Court of Appeal
1Opinion of the Court
WICKER, Judge.
First Financial of Louisiana Savings and Loan Association appeals a ruling which vacates its default judgment against Beverly Kraft and which grants her a new trial. We set aside the default judgment and remand for further proceedings.
Charles A. Kraft, Sr. purchased a car from Lousteau Auto Sales, Inc. on credit secured by a chattel mortgage on the car. He signed a promissory note payable to bearer in the amount of $8,457.48 on June 3, 1986. Nothing in the installment contract or note mentions his wife, Beverly Kraft; and she signed neither. The note was assigned to First…
2Cases cited2 opinions
- Bonfouca Inv. Corp. v. EubanksLouisiana Court of Appeal · 1977
- Eddie's Hardware, Inc. v. RagoLouisiana Court of Appeal · 1975
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