Legal Opinion

Buford v. American Finance Company

District Court, N.D. Georgia

Decided December 1, 1971No. Civ. A. 14638-14642, 14660, 14661, 14859, 14860PublishedCited by 86 opinions

1Opinion of the Court

ORDER

EDENFIELD, District Judge.

The question in these consolidated cases is whether defendants have violated the Truth in Lending Act, 15 U.S.C. § 1601 et seq. (1970), by disclosing a notary fee of $1.00 as a separate item on their small loan disclosure statements instead of including the fee in the “finance charge” and “annual percentage rate.” The court finds that they have, and that plaintiffs are entitled to recover the statutory penalty imposed by 15 U.S.C. § 1640 (1970). 1

A. The Truth in Lending Claim

The avowed purpose of the disclosure provisions of the Truth in Lending Act [“the Act”]…

2Cases cited15 opinions

  1. United Mine Workers of America v. GibbsSupreme Court of the United States · 1966
  2. Brooklyn Savings Bank v. O'NeilSupreme Court of the United States · 1945
  3. Eisen v. Carlisle & JacquelinCourt of Appeals for the Second Circuit · 1968
  4. Dolgow v. AndersonDistrict Court, E.D. New York · 1968
  5. Philadelphia Electric Co. v. Anaconda American Brass Co.District Court, E.D. Pennsylvania · 1968

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3Cited by86 opinions

  1. Reuben J. Katz, on Behalf of Himself and All Others Similarly Situated v. Carte Blanche CorporationCourt of Appeals for the Third Circuit · 1974
  2. Woodrow Sterling v. Velsicol Chemical CorporationCourt of Appeals for the Sixth Circuit · 1988
  3. Robert La Mar v. H & B Novelty & Loan Company, Ronald J. Kinsling v. Allegheny AirlinesCourt of Appeals for the Ninth Circuit · 1973
  4. Ken Baker v. G. C. Services CorporationCourt of Appeals for the Ninth Circuit · 1982
  5. M. D. Rutledge v. Electric Hose & Rubber CompanyCourt of Appeals for the Ninth Circuit · 1975

81 more not listed; retrieve them via the Exa API.

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