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FIRST FIN. OF LA. SAV. & LOAN ASS'N v. KRAFT

No. 88-CA-231.

532 So.2d 931 (1988)

FIRST FINANCIAL OF LOUISIANA SAVINGS AND LOAN ASSOCIATION v. Charles A. KRAFT, Sr. and Beverly Kraft.

Court of Appeal of Louisiana, Fifth Circuit.

October 12, 1988.

Attorney(s) appearing for the Case

Tammeryn M. Smith, Baton Rouge, for plaintiff/appellant.

Before GAUDIN, WICKER and GOTHARD, JJ.

WICKER, Judge.

First Financial of Louisiana Savings and Loan Association appeals a ruling which vacates its default judgment against Beverly Kraft and which grants her a new trial. We set aside the default judgment and remand for further proceedings.

Charles A. Kraft, Sr. purchased a car from Lousteau Auto Sales, Inc. on credit secured by a chattel mortgage on the car. He signed a promissory note payable to bearer in the amount of $8,457.48 on June 3, 1986...

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