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Bankruptcy & Debt Practice
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Sample TN Credit & Debt Cases
... The homeowners subsequently refinanced their home with a bank. The bank paid off the
homeowners' debt to the credit union, and recorded its own deed of trust securing its loan. At
that same time, the loan and deed of trust was assigned to a second bank. ...
... Appellant obtained a credit card from Appellee's predecessor in interest, and defaulted on payment
of the debt. ... Ms. Akers made payments on the credit card debt, including a payment of $136.00
on February 17, 2005, and a payment of $131.00 on March 18, 2005. ...
... Luna asserted that the Marshall County courts lacked jurisdiction over Ford Credit's action because
he had previously filed a lawsuit in federal court for violation of the Fair Debt Collection Practices
Act, and because Ford Credit's action was filed in retaliation for his federal ...
... Southland Transportation had a higher eligible accounts receivable balance than it actually did,
which consequently allowed it to obtain advances from SecurAmerica in excess of that provided
by the Credit Agreement. Essentially, this created an out of balance debt-to-collateral ...
... Mr. Taylor was ordered to pay a portion, $11,370, of the Bank of America credit card debt and
the court also awarded a judgment against him in favor of Mrs. Taylor for that same obligation.
It appears the $11,370 judgment was to assure payment of the credit card debt. ...
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