SMITH v. NATIONAL CASHFLOW SYSTEMS, INC.

No. 91-313.

827 S.W.2d 146 (1992)

309 Ark. 101

Zenas Lyn SMITH, Appellant, v. NATIONAL CASHFLOW SYSTEMS, INC., Appellee.

Supreme Court of Arkansas.

April 6, 1992.


Attorney(s) appearing for the Case

Dale W. Finley, Russellville, for appellant.

James S. Dunham, Russellville, for appellee.


HOLT, Chief Justice.

In this case, we are requested to determine whether a licensed collection agency can obtain assignments of debts and then bring an action on the debts in its own name, as "the real party in interest," pursuant to Ark.R.Civ.P. 17(a).

The appellee, National CashFlow Systems, Inc. (CashFlow) is a duly licensed collection agency in the state of Arkansas. Under a written assignment form, which recited a payment of $10, CashFlow purchased assignments...

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