Mack Financial Corporation v. Lee Scott

Mack Financial Corporation, plaintiff appellant, brings this appeal from a district court judgment which denied Mack a deficiency judgment for the balance outstanding on a group of conditional sales contracts following defendant respondent Scott Truckings default on the contracts and Macks sale of the collateral securing the agreements. Mack contends that the ruling of the district court requiring Mack to establish its entitlement to a deficiency judgment improperly deprived Mack of the balance remaining due after sale of the collateral. Mack also maintains that the court erred in interpreting the effect of defendant respondent Lee Scotts personal guaranties of Scott Truckings indebtedness to Mack. We affirm.