Reposession and Sale under Arkansas's Article Nine - Salvaging A Bad Operation

Authors

• Janet Flaccus, University of Arkansas School of Law

Keywords

: Uniform Commercial Code, debtor, creditor, Rhodes v. Oaklawn, deficiency judgement

Abstract

This article analyzes the steps the creditor needs to take to ensure that the debtor can be sued for a deficiency judgment despite non-compliance with Part 5 of Article 9 of the Uniform Commercial Code. Under a recent Arkansas Supreme Court decision, Rhodes v. Oaklawn Bank, the first question that needs to be addressed is whether there is a right to a deficiency judgment at all.

Recommended Citation

Janet Flaccus , Reposession and Sale under Arkansas's Article Nine - Salvaging A Bad Operation, 1984 Ark. L. Notes