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
- Home Finance Co. v. PadgettLouisiana Court of Appeal · 1951
3Cited by1 opinion
- Thrift Funds of Baton Rouge, Inc. v. JonesLouisiana Court of Appeal · 1971