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FIRST NAT. BANK IN ALBUQUERQUE v. CHASE

No. 21757.

887 P.2d 1250 (1994)

118 N.M. 783

FIRST NATIONAL BANK IN ALBUQUERQUE d/b/a Southwest Card Services, Plaintiff-Appellant, v. Linnie E. CHASE, a/k/a Linnie E. Durham, Defendant-Appellee.

Supreme Court of New Mexico.

December 21, 1994.

Attorney(s) appearing for the Case

Louis J. Vener, P.C., Louis J. Vener, Albuquerque, for appellant.

Chavez & Chavez, David C. Chavez, Los Lunas, for appellee.

OPINION

FROST, Justice.

Plaintiff-Appellant, First National Bank in Albuquerque ("First National"), appeals from the district court's order dismissing its action as barred under the statute of limitations set out in NMSA 1978, Section 55-2-725 (Repl. Pamp.1993). First National sought to collect the balance remaining on an automobile installment purchase agreement after the automobile had been repossessed and sold. The district court held that the...

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