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CREDIT ALLIANCE CORP. v. TIMMCO EQUIP., INC.

No. 85-2533.

507 So.2d 657 (1987)

CREDIT ALLIANCE CORPORATION, Appellant, v. TIMMCO EQUIPMENT, INC., and Larry E. Timm, Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied June 18, 1987.

Attorney(s) appearing for the Case

James E. Foster and P. Joseph Wright of Foster & Kelly, Orlando, for appellant.

Richard A. Kupfer of Cone, Wagner, Nugent, Johnson, Roth & Romano, P.A., and William A. Winkel, P.A., West Palm Beach, for appellees.

DOWNEY, Judge.

Appellant, Credit Alliance Corporation (CAC), appeals from a final judgment awarding the sum of $100,536.12 to Appellees, Timmco Equipment Inc. and Larry E. Timm (Timm).

This case had its genesis in a contract between CAC and Timm, wherein CAC financed the purchase of a Terex Loader. The contract provided for repayment of the loan in monthly installments. Timm was habitually late in his payments and eventually CAC replevied the loader, which...

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