Blythe v. HSBC Bank USA, N.A. Ex Rel. Ace Securities Corp. (In Re Blythe)

Opinion

STEPHEN RASLAVICH, Chief Judge. Introduction

Before the Court is the Defendant HSBC’s Motion to Dismiss the Plaintiffs’ Amended Complaint. The Plaintiffs oppose the motion. Briefs were submitted. A hearing on the matter was held on April 2, 2009. The Court next took the motion under advisement. For the reasons set forth below, the Motion will be granted in part and denied in part. 1

Factual Allegations

The Amended Complaint asserts causes of action under the federal Truth in Lending Act 2 and the Pennsylvania common law of contract. The following is alleged: In the Summer 1998 the…