Legal Opinion
Ferris v. Chrysler Credit Corp.
Court of Appeals for the Eleventh Circuit
Decided July 9, 1985No. Nos. 84-8810, 84-8840PublishedCited by 1 opinion
1Opinion of the Court
JAMES C. HILL, Circuit Judge:
Appellant/creditor Chrysler Credit Corp. appeals from an order of the bankruptcy court, affirmed by the district court, which held that a $30 charge for “doc. preparation” in an automobile finance contract constituted part of the finance charge (rather than the unpaid balance) in the contract, and thus that the creditor had imposed an excessive interest charge in violation of the Georgia Motor Vehicle Sales Finance Act (MVSFA), O.C.G.A. § 10-1-30 et seq. We reverse, holding that there has been no violation of the MVSFA.
I. FACTS
Appellee/debtor Ferris purchased an…
2Cases cited11 opinions
- Gerald W. Moody, and Jermoo's Incorporated, Debtors-In-Possession, Plaintiffs v. Amoco Oil CompanyCourt of Appeals for the Seventh Circuit · 1984
- White Motor Corporation, Debtor and Debtor in Possession v. Citibank, N.A. And the Other Bank Creditors Listed on Exhibit 1Court of Appeals for the Sixth Circuit · 1983
- Melanie M. Layfield v. Bill Heard Chevrolet Co. And General Motors Acceptance Corp.Court of Appeals for the Fifth Circuit · 1979
- Cheryl A. Meyers, Plaintiff-Appellee-Cross v. Clearview Dodge Sales, Inc., Defendant-Appellant-Cross Chrysler Credit CorporationCourt of Appeals for the Fifth Circuit · 1976
- Donald G. Wallace v. Brownell Pontiac-Gmc Company, Inc.Court of Appeals for the Eleventh Circuit · 1983
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3Cited by1 opinion
- In The Matter Of James W. Ferris, Jr.Court of Appeals for the Eleventh Circuit · 1985