Supreme Court of Louisiana, 1988

Bank of Lafayette v. Bailey

Bank of Lafayette v. Bailey
Supreme Court of Louisiana · Decided November 18, 1988
533 So. 2d 5; 1988 WL 122723 (Southern Reporter, Second Series)

Bank of Lafayette v. Bailey

Opinion

533 So.2d 5 (1988)

BANK OF LAFAYETTE
v.
Frank R. BAILEY and Mary Louise White Bailey.

No. 88-C-2000.

Supreme Court of Louisiana.

November 18, 1988.
Rehearing Denied January 6, 1989.

Granted in part. The personal liability of Mary Louise White is limited to the mortgaged property and the community property; as the bank's printed collateral mortgage form states, it "does not create any liability with regard to the separate property of spouse intervenor." Any deficiency judgment should be so limited.

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