Case Summary
**Case Summary: First Citizens Bank & Trust Company v. Debra Wilson**
**Docket Number:** 6147082
**Court:** [Insert Court Name Here]
**Date:** [Insert Date Here]
**Parties:**
- Plaintiff: First Citizens Bank & Trust Company
- Defendant: Debra Wilson
**Background:**
First Citizens Bank & Trust Company (the "Bank") filed a lawsuit against Debra Wilson to recover a debt owed to the institution. The bank alleged that Wilson defaulted on a loan agreement, which constituted a breach of contract.
**Facts:**
- Debra Wilson obtained a loan from First Citizens Bank, which was secured by collateral.
- The loan terms were clearly outlined in the agreement, specifying repayment schedules and conditions.
- Wilson allegedly failed to make the required payments by the agreed-upon due dates, leading to the bank initiating legal proceedings to recover the outstanding balance.
**Issues:**
1. Whether Debra Wilson defaulted on the loan agreement as claimed by First Citizens Bank.
2. What remedies or reliefs the bank is entitled to seek due to Wilson's alleged default.
**Arguments:**
- **Plaintiff's Argument:** The bank presented evidence of the loan agreement and records of payment defaults, asserting that Debra Wilson failed to uphold her contractual obligations. The bank sought to recover the owed amount along with any applicable interest and fees.
- **Defendant's Argument:** Debra Wilson contested the claims, possibly arguing that there were extenuating circumstances leading to her inability to repay the loan. Wilson may have also challenged the validity of the bank's claims or the calculation of the outstanding amount.
**Court's Decision:**
[Insert Court’s ruling or order based on the evidence presented. Include any penalties, repayment schedules, or additional stipulations ordered by the court.]
**Conclusion:**
This case highlights the importance of honoring loan agreements and the legal remedies available for lenders in cases of default. The court's ruling will have critical implications for both First Citizens Bank and Debra Wilson regarding debt recovery and financial responsibility.
(Note: Please insert specific dates, court names, and the court's ruling to complete the case summary accurately.)