Supreme Court of Alabama, 1985

Thomas v. Bank of Heflin

Supreme Court of Alabama · Decided February 15, 1985 · Torbert, Maddox, Jones, Shores, Beatty

466 So. 2d 107; 1985 Ala. LEXIS 3560 (Southern Reporter, Second Series)

Opinion of the Court

PER CURIAM.

Affirmed on the authority of Code 1975, § 7-9-501. Our affirmance of the judgment appealed from is not to be understood as authorizing the Creditor/Bank to retain the collateral without giving the appropriate credit against the judgment for the sales price of the collateral or its alternative value as fixed by the trial court, whichever is greater.

AFFIRMED.

TORBERT, C.J., and MADDOX, JONES, SHORES and BEATTY, JJ., concur.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.