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ASSOCIATES FINANCE COMPANY OF NEBRASKA v. TESKE

No. 38973.

212 N.W.2d 572 (1973)

190 Neb. 747

ASSOCIATES FINANCE COMPANY OF NEBRASKA, a corporation, Appellant, v. Peter TESKE and Donna Teske, Appellees.

Supreme Court of Nebraska.

November 23, 1973.

Attorney(s) appearing for the Case

Luebs, Tracy, Huebner, Dowding & Beltzer, D. Steven Leininger, Grand Island, for appellant.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, SMITH, McCOWN, NEWTON and CLINTON, JJ.

SPENCER, Justice.

Plaintiff-appellant appeals from the dismissal of its petition seeking a money judgment for the unpaid balance of a promissory note. Plaintiff repossessed and sold the secured collateral, a 1966 Lincoln Continental automobile; deducted the proceeds from the debt; and brought this action for the balance. The trial court found that the private sale of the collateral for $260 was not commercially reasonable under the Uniform Commercial Code and dismissed...

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