ASSOCIATES COMMERCIAL CORP. v. COFER

84-712.

496 So.2d 717 (1986)

ASSOCIATES COMMERCIAL CORPORATION v. Tommy COFER.

Supreme Court of Alabama.

October 3, 1986.


Attorney(s) appearing for the Case

William B. Hairston, Jr., of Engel, Hairston, Moses & Johanson, Birmingham, for appellant.

Dan J. Willingham, Cullman, for appellee.


PER CURIAM.

This action was brought by Tommy Cofer against Associates Commercial Corporation to determine the proper disbursement of $33,000.00 in insurance proceeds.

Cofer purchased a Freightliner tractor/truck from Liberty Truck Sales on October 11, 1978. He executed a security agreement in which he agreed to pay a balance of $63,546.12 in 12 consecutive monthly installments of $1,493.10 beginning on November 20, 1978, and thereafter paying 36 consecutive...

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