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Sample LA Credit & Debt Cases
... Through negotiations, the first mortgage was paid off and cancelled and the holder of
the line of credit debt agreed to release its security interest on the property and forgive
any deficiency balance in return for a payment of $17,560.00. ...
2 So.3d 598 (2009). FRANKLIN CREDIT MANAGEMENT CORPORATION v. Percy GRAY, Jr.
No. ... 599 Patrick D. Breeden, New Orleans, LA, for Appellant, Percy Gray, Jr. Charles H. Heck,
Jr., Dean Morris, LLP, Monroe, LA, for Appellee, Franklin Credit Management Corporation. ...
... A judgment sustaining WBR Credit's exception of prescription and dismissing plaintiff's declaratory
action with prejudice was signed on January 30, 2008. ... the executory proceeding is pending, either
in the executory proceeding or in a separate suit, "when the debt secured by ...
... phase of his treatment for the first three days of treatment and owes the sum of $17,008.50 as
reflected in the bills submitted by the plaintiff." The trial court further stated that it found that the
debt did not qualify as an open account and, therefore, denied Credit Bureau's request ...
... accepts the collateral and reduces the debt; (2) states the amount of the deficiency; (3) provides
an explanation * * * of how the secured party calculated the deficiency; and. (4) states, if applicable,
that future debits, credits, charges, including additional credit service charges or ...
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