Debtor Jackpot

February 6, 2014

  • 92B Consumer Credit
  • 92BII Federal Regulation
  • 92BII(C) Effect of Violation of Regulations
  • 92Bk61 Civil Liabilities and Penalties for Violations
  • 92Bk61.1 k. In general.

92B Consumer CreditTruth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) are not lottery statutes: a creditor’s failure to make required disclosures does not mean that the debtor wins a free house.

In re Anthony, 481 B.R. 602 (D. Neb. 2012)