Roosevelt Williams and Dorothy Williams v. Western Pacific Financial Corporation

Roosevelt and Dorothy Williams brought an action under the Truth in Lending Act, 15 U.S.C.A. § 1601 et seq., TILA, contending inter alia that Western Pacific Financial Corporation failed to make certain disclosures required by the TILA and 12 C.F.R. 226.1 et seq. (Regulation Z) 1 in connection with a loan to purchase real property, secured by a security deed. The district court held that Western Pacific had violated the TILA and Regulation Z by failing to disclose the 10-day limitation imposed by Georgia Code § 109A-9-204(4)(b) on a security interest in after-acquired consumer goods, and…