Thomas v. Bank of Heflin
Supreme Court of Alabama
Thomas v. Bank of Heflin, 466 So. 2d 107 (Ala. 1985)
1985 Ala. LEXIS 3560
Torbert, Maddox, Jones, Shores, Beatty
Thomas v. Bank of Heflin
Opinion of the Court
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.
Reference
- Full Case Name
- Melvin Thomas v. Bank of Heflin.
- Status
- Published