FIRST STATE BANK v. HALLETT

No. 86-119.

722 S.W.2d 555 (1987)

291 Ark. 37

FIRST STATE BANK OF MORRILTON, Arkansas, Appellant, v. Edith HALLETT, Appellee.

Supreme Court of Arkansas.

January 20, 1987.


Attorney(s) appearing for the Case

Loh, Massey & Yates by Howard C. Yates, Morrilton, for appellant.

Gordon & Gordon by Ben Caruth, Morrilton, for appellee.


HOLT, Chief Justice.

The appellant, First State Bank (FSB), concedes it failed to give the appellee, Edith Hallett, proper notice before it sold her collateral which it repossessed when she defaulted on a promissory note. FSB nevertheless sought a deficiency judgment against Hallett for the balance owed on the note. The trial court granted Hallett's motion for summary judgment, dismissing the FSB claim. The issue on appeal is whether the failure of FSB as a secured...

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