Homeowners who changed their mind about refinancing lose their Truth-in-Lending claim against a lender who deducted credit report and appraisal costs from their $500 deposit; the 4th Circuit says the right to rescind under 15 U.S.C. § 1635(a) is available ...

Tagged with: 4th U.S. Circuit Court of Appeals Consumer Protection Judge Paul V. Niemeyer

Although Bank of America is offering almost $10 million to settle this class action suit alleging the bank’s delayed disclosure of its use of credit scores for real estate loan applicants violated the Fair Credit Reporting Act, a magistrate judge ...

Tagged with: Consumer Protection Judge Michael F. Urbanski U.S. District Court - Western District

A federal magistrate judge in Roanoke has approved the settlement of a consolidated consumer class action lawsuit against Bank of America for nearly $10 million. Consumer advocates had sued to force quicker credit disclosures by the bank to loan applicants. ...

Tagged with: Consumer Protection Judge Michael F. Urbanski U.S. District Court - Western District

A lawyer’s initial letter to debtor’s husband asserting the husband signed a note securing a deed of trust on property purchased by debtor, and threatening legal action for husband’s default, states a claim for violation of the Fair Debt Collection ...

Tagged with: Consumer Protection U.S. District Court - Eastern District

The 2005 BAPCA eliminated the “ride-through” option that permitted Chapter 7 debtors who were current on their car loans to continue making payments and keep the car after bankruptcy discharge, and the 4th Circuit affirms a lower court’s decision to ...

Tagged with: 4th U.S. Circuit Court of Appeals Consumer Protection Judge Dennis W. Shedd

Fourteen organizations will receive $4.1 million from a class action settlement under the Fair Credit Reporting Act because some class members could not be found or did not cash the checks mailed to them as part of the $20.8 million ...

Tagged with: Consumer Protection Judge Robert E. Payne Million-Dollar Settlements U.S. District Court - Eastern District

A Honda owner can sue defendant body shop under the Virginia Consumer Protection Act for selling her 2007 Honda, for towing and storage fees after it towed the car at the request of the Norfolk Police Department after the vehicle ...

Tagged with: Consumer Protection Judge Karen J. Burrell Norfolk Circuit Court

A discovery fight provoked strong language from an Alexandria U.S. District Court last week. Denise Montanile offered to sell vintage baseball cards on her Web site. Tom Botticelli thought he was buying six cards of early baseball stars for the ...

Tagged with: Consumer Protection Discovery Fraud Sanctions

A doctors’ group can’t sue dairy companies that claim milk promotes weight loss under Virginia consumer protection laws, the 4th U.S. Circuit Court of Appeals ruled June 19. One print ad for the “Milk Your Diet” angle of the ubiquitous ...

Tagged with: 4th U.S. Circuit Court of Appeals Consumer Protection