First National Bank of Commerce v. Ludman

GAUDIN, Judge.

The First National Bank of Commerce petitioned for a deficiency judgment subsequent to the seizure and sale of mortgaged real property. The pleading was found lacking and the bank’s claims were denied.

On appeal, the bank contends that its deficiency judgment petition was sufficiently worded and that the trial judge’s reliance on Assoc. Financial Ser. of America v. Rogell, 449 So.2d 526 (La.App. 5th Cir.1984), was inappropriate.

For the following reasons, we reverse and remand for further proceedings consistent with this opinion.

Prior to trial in the 24th Judicial District Court,…