Legal Opinion

First Financial of Louisiana Savings & Loan Ass'n v. Kraft

Louisiana Court of Appeal

Decided October 12, 1988No. 88-CA-231PublishedCited by 3 opinions

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

  1. Bonfouca Inv. Corp. v. EubanksLouisiana Court of Appeal · 1977
  2. Eddie's Hardware, Inc. v. RagoLouisiana Court of Appeal · 1975

3Cited by3 opinions

  1. Charia v. MungovenLouisiana Court of Appeal · 1989
  2. Hollis v. NortonLouisiana Court of Appeal · 1991
  3. Concept 29 Uniform Service v. RoeLouisiana Court of Appeal · 1989

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