LIBERTY LOAN CORPORATION v. SCHMELZER

No. 427128.

48 Ohio Misc. 1 (1976)

LIBERTY LOAN CORPORATION v. SCHMELZER ET AL.

Franklin County Municipal Court.

Decided May 10, 1976.


Attorney(s) appearing for the Case

Mr. William A. Semons, for plaintiff.

Mr. A. Millard Arm strong, for defendants.


WEST, J.

The defendants, on November 5, 1973, entered into a loan contract with plaintiff for the principal amount of $1002.51 plus a loan charge of $385.66 and a credit life insurance premium of $25.97 or a total of $1414.14 payable in 36 monthly instalments.

Defendants defaulted and, on April 28, 1975, when the debt was practically uncollectible because defendant Gary Schmelzer was unemployed and receiving Social Security benefits, plaintiff prepared and...

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