Legal Opinion
Celona v. Equitable National Bank (In Re Celona)
United States Bankruptcy Court, E.D. Pennsylvania
Decided September 28, 1988No. 19-10223PublishedCited by 30 opinions
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
A. INTRODUCTION
The matters presently before the court require us to revisit our line of cases which consider whether consumer-debtors have a right to rescind a consumer financing transaction pursuant to § 125 of the federal Truth-in-Lending Act, 15 U.S.C. § 1601, et seq. (hereinafter referred to as “TILA”), and what the consequences of such a rescission are. See In re Gurst, 79 B.R. 969 (Bankr.E.D.Pa.1987), appeals dismissed, C.A. No. 87-8351 (E.D.Pa. June 22, 1988); and C.A. No. 88-2902 (E.D.Pa. August 9, 1988); In re Jones, 79 B.R. 233…
2Cases cited25 opinions
- Ford Motor Credit Co. v. MilhollinSupreme Court of the United States · 1980
- In Re Meade Land and Development Co., Inc. Appeal of Eastgate Enterprises, IncCourt of Appeals for the Third Circuit · 1975
- James A. Rudisell v. The Fifth Third BankCourt of Appeals for the Third Circuit · 1980
- Buford v. American Finance CompanyDistrict Court, N.D. Georgia · 1971
- Lelar M. Lagrone v. Alan H. JohnsonCourt of Appeals for the Ninth Circuit · 1976
20 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Smith v. Fidelity Consumer Discount Co.Court of Appeals for the Third Circuit · 1989
- In Re JordanUnited States Bankruptcy Court, E.D. Pennsylvania · 1988
- Celona v. Equitable National BankDistrict Court, E.D. Pennsylvania · 1989
- Apaydin v. Citibank Federal Savings Bank (In Re Apayin)United States Bankruptcy Court, E.D. Pennsylvania · 1996
- Brodo v. Bankers Trust Co.District Court, E.D. Pennsylvania · 1994
25 more not listed; retrieve them via the Exa API.