Parks v. CNAC-Joliet, Inc.

I agree with the statement in the majority’s opinion that under proper circumstances, a secured creditor in a consumer-goods transaction may, in a notice of disposition of collateral, provide the debtor with an actual accounting, rather than a statement that an accounting may be obtained at a certain cost. The Code itself and the official comments support that conclusion. I disagree with the majority when it determines that the financial information in this case did not create the correct circumstances for such a rule. I also dissent because I disagree with other aspects of the majority’s…