Navy Federal Credit Union v. Jones

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that demanding full payment before all installments are due constitutes a sufficiently affirmative act of acceleration
• claim for failure to make an installment payment accrues on the date installment becomes due; claim for future unmatured installments does not accrue until creditor exercises right to accelerate
• creditor exercised acceleration option by demanding full payment before all installments fell due
• finding creditor accelerated by sending written notice

Source: CourtListener parenthetical corpus (CC0).