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ASSOCIATES FINANCIAL SERVICES CO. v. BOLDMAN

No. 4-585A145.

495 N.E.2d 203 (1986)

ASSOCIATES FINANCIAL SERVICES COMPANY OF INDIANA, Inc., Appellant (Plaintiff below), v. Jack C. BOLDMAN, Appellee (Defendant below).

Court of Appeals of Indiana, Fourth District.

Rehearing Denied August 22, 1986.

Transfer Denied December 1, 1986.

Attorney(s) appearing for the Case

Frederick F. Frosch, Frosch & Frosch, Indianapolis, for appellant.

Ronald L. McNabney, Anderson, for appellee.

YOUNG, Presiding Judge.

Associates Financial Services Company of Indiana, Inc., sought to foreclose its security agreement and recover collateral pledged by Jack C. Boldman to secure a consumer loan. The trial court awarded judgment in favor of Boldman. Associates appeals raising these issues:

1) whether a non-possessory, non-purchase money security interest in household goods is extinguished when a debtor claims such property exempt and receives a discharge...

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