Shuttleworth PLLC attorney Lane Wolfenbarger recently obtained a judgment for one of the firm’s banking and financial law clients. In that matter, a post-foreclosure collection case in the Circuit Court of Grainger County, Mr. Wolfenbarger was able to show that a borrower had defaulted on its obligations in which the bank had a valid security interest.
The Court not only awarded a judgment in the client’s favor in the amount of $59,701.45, but also granted the client possession of and the right to sell any and all property covered by and/or subject to all UCC Financing Statements the parties had previously executed.