Legal Opinion
Perkins v. Mid-Penn Consumer Discount Co. (In Re Perkins)
United States Bankruptcy Court, E.D. Pennsylvania
Decided November 9, 1989No. 19-10771PublishedCited by 8 opinions
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge.
A. INTRODUCTION.
One of the philosophies which underpins the federal Truth-in-Lending Act, 15 U.S.C. § 1601, et seq. (hereinafter “the TILA”), is that, by establishing statutory damage liability of creditors to consumers in private actions, the Act will provide economic incentives to creditors to desist from widespread TILA disclosure violations which might subject them to liability. See In re Russell, 72 B.R. 855, 862 (Bankr.E.D.Pa.1987). Therefore, one might expect that, after a particular creditor is targeted for liability as the result of a certain…
2Cases cited39 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
- Ford Motor Credit Co. v. MilhollinSupreme Court of the United States · 1980
- United States v. Security Industrial BankSupreme Court of the United States · 1982
- Greene v. United StatesSupreme Court of the United States · 1964
34 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Ralls v. Bank of New York (In Re Ralls)United States Bankruptcy Court, E.D. Pennsylvania · 1999
- In Re MilbourneUnited States Bankruptcy Court, E.D. Pennsylvania · 1989
- Fleet v. Rhode (In Re Fleet)District Court, E.D. Pennsylvania · 1990
- Rowland v. Magna Millikin Bank of Decatur, N.A.District Court, C.D. Illinois · 1992
- Wright v. Mid-Penn Consumer Discount Co. (In Re Wright)United States Bankruptcy Court, E.D. Pennsylvania · 1991
3 more not listed; retrieve them via the Exa API.