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CHRYSLER FINANCIAL CO., L.L.C. v. CLOUTIER

No. 00-795.

785 So.2d 255 (2001)

CHRYSLER FINANCIAL COMPANY, L.L.C. v. James CLOUTIER.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied June 6, 2001.

Attorney(s) appearing for the Case

Lee E. Butler, Law Offices of Gregory M. Eaton, Baton Rouge, LA, Counsel for Plaintiff/Appellant Chrysler Financial Company, L.L.C.

Robert P. Fuhrer, Morgan City, LA, Counsel for Defendant/Appellee James Cloutier.

Court composed of YELVERTON, COOKS, AMY, SULLIVAN, and PICKETT, Judges.

COOKS, Judge.

James Cloutier executed a Fixed Value Retail Installment Contract with Chrysler Credit on August 24, 1994, agreeing to lease a 1994 Chrysler LHS. The lease contract required him to pay 35 monthly installments of $474.00 and one Fixed Value Payment of $13, 917.69, due on August 23, 1997—the end of the contract term. The contract allowed Cloutier to satisfy the Fixed Value Payment obligation by any of the following:

A. Fixed Value...

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