CLOVERLEAF DEVELOPMENT, INC. v. PROVENCE

No. 81-8.

616 S.W.2d 16 (1981)

CLOVERLEAF DEVELOPMENT, INC., Appellant, v. Robert L. PROVENCE, et ux, Appellees.

Supreme Court of Arkansas.

May 26, 1981.


Attorney(s) appearing for the Case

Jones & Segers, Fayetteville, for appellant.

Mills & Baugus, Springdale, for appellee.


HOLT, Justice.

This appeal results from the chancellor's granting summary judgment in favor of appellees, ruling that the discharge in bankruptcy of their debt, scheduled as unsecured, was res adjudicata and barred a foreclosure action.

Appellees borrowed $18,283.35 from the appellant and executed a mortgage in December of 1977 to secure their note for this amount. A first mortgage on the property in favor...

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