RHODES v. GULFCO FINANCE CO.

No. 89-969.

576 So.2d 1078 (1991)

Mr. & Mrs. Joseph RHODES, Plaintiffs-Appellants, v. GULFCO FINANCE COMPANY OF LAKE CHARLES, Defendant-Appellee.

Court of Appeal of Louisiana, Third Circuit.

March 13, 1991.


Attorney(s) appearing for the Case

Richard L. Savoy, Lake Charles, for plaintiffs/appellants.

K. Michael Wright, Lake Charles, for defendant/appellee.

Before FORET, LABORDE and KNOLL, JJ.


FORET, Judge.

This is an appeal from a trial court judgment holding that Mr. and Mrs. Joseph Rhodes, plaintiffs and appellants herein, have no right of action to recover surplus proceeds from the sale of mortgaged immovable property. The mortgaged property at issue was sold in an executory proceeding brought by Gulfco Finance Company of Lake Charles, defendant and appellee herein, against the Rhodes, as the sole defendants and debtors.

We find that the trial...

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