Bank of Lafayette v. Bailey
Bank of Lafayette v. Bailey
533 So. 2d 5; 1988 WL 122723
(Southern Reporter, Second Series)
Bank of Lafayette v. Bailey
Opinion
BANK OF LAFAYETTE
v.
Frank R. BAILEY and Mary Louise White Bailey.
Supreme Court of Louisiana.
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.