Clay v. Johnson

MEMORANDUM OPINION AND ORDER

DENLOW, United States Magistrate Judge.

Ree Clay and Ruby Chivers (collectively “Plaintiffs”) instituted this action under the Truth In Lending Act (“TILA”), 15 U.S.C. § 1601 et seq. (1998), against Iver R. Johnson and Marvin Bilfeld, d/b/a Davenport Construction Co. (collectively “Defendants”), alleging violations of TILA and seeking rescission of their transactions with Defendants. Plaintiffs now bring a motion for partial summary judgement on the issue of Defendants’ Lability under TILA. For the following reasons the Court holds that Defendants failed to properly…