Legal Opinion

Liuzza Credit Service, Inc. v. Taliancich

Louisiana Court of Appeal

Decided January 6, 1969No. 3272PublishedCited by 1 opinion

1Opinion of the Court

YARRUT, Judge.

Plaintiff sues to recover $360.22, principal balance due on a promissory note, together with interest, attorneys’ fees and court costs. It is stipulated that Defendant *510is the maker and Plaintiff the payee, and the balance due is $360.22.

Defendant, however, contends that, (1) the debt was discharged in bankruptcy, and (2) the note was usurious under LSA-R.S. 6:589, which provides, inter alia:

“ * * * no person shall directly or indirectly charge, contract for, or receive interest, discount, or consideration greater than eight percent per year upon the loan, use or forbearance of…

2Cases cited1 opinion

  1. Home Finance Co. v. PadgettLouisiana Court of Appeal · 1951

3Cited by1 opinion

  1. Thrift Funds of Baton Rouge, Inc. v. JonesLouisiana Court of Appeal · 1971

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