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Kelli Ann Willman
v.
James Ellerbach
Appellee
Kelli Ann Willman
Appellant
James Ellerbach
Attorney for the Appellee
D. Flint Drake and Samuel M. Degree
Attorney for the Appellant
Todd J. Locher
Court of Appeals
Court of Appeals Opinion
Opinion Number:
Date Published:
Summary
Appeal from the Iowa District Court for Dubuque County, Thomas A. Bitter, Judge. AFFIRMED. Considered by Vaitheswaran, P.J., and Greer and Schumacher, JJ. Opinion by Schumacher, J. (10 pages)
James Ellerbach appeals a district court order directing him to provide Kelli Willman with the proceeds of a life insurance policy after he retained the value of outstanding loans. He claims written contracts and oral agreements entitle him to the full value of the life insurance policy. OPINION HOLDS: We find the district court properly found Ellerbach was entitled to the amount of outstanding debt secured by the life insurance policy rather than the entire proceeds. The court also correctly calculated the sum of outstanding debt. We affirm.
