Ford Motor Credit Co. v. Webb-Elkhorn Coal Corp.

WILHOIT, Judge.

The only question raised on this appeal is whether the Fayette Circuit Court erred in *946holding that the provisions of KRS 355.9-504(3) applied to the repossession and sale of a 1984 Ford pickup truck leased to the appellee by the appellant’s assignor.

In 1983 the truck was leased to the ap-pellee by Paul Miller Ford, Inc. Paul Miller later assigned its rights under the lease to the appellant. The written lease provided for a term of 48 months with an initial payment by the appellee of $815.29, which included a refundable security deposit of $400.00, the first monthly rental…