Legal Opinion
Michel v. Beneficial Consumer Discount Co. (In Re Michel)
United States Bankruptcy Court, E.D. Pennsylvania
Decided March 18, 1992No. 19-10674PublishedCited by 8 opinions
1Opinion of the Court
OPINION
DAVID A. SCHOLL, Bankruptcy Judge. A. INTRODUCTION
The instant proceeding again raises the controversy over the appropriate rescission notice form to be used by a creditor, under the dictates of the federal Truth-in-Lending Act, 15 U.S.C. §§ 1601, et seq. (“the TILA”), when that creditor takes security against a borrower’s residential real estate in a transaction which is preceded by an earlier transaction between the parties, the balance of which is paid off in the new loan.
The last decision addressing this controversy, In re Porter, 129 B.R. 397, 400-03 (E.D.Pa.1991) ("Porter II”) (a…
2Cases cited30 opinions
- In Re Meade Land and Development Co., Inc. Appeal of Eastgate Enterprises, IncCourt of Appeals for the Third Circuit · 1975
- Abt v. Household Finance Co. (In Re Abt)United States Bankruptcy Court, E.D. Pennsylvania · 1980
- Smith v. Fidelity Consumer Discount Co.Court of Appeals for the Third Circuit · 1989
- In Re FrickerUnited States Bankruptcy Court, E.D. Pennsylvania · 1990
- In Re Mayflower AssociatesUnited States Bankruptcy Court, E.D. Pennsylvania · 1987
25 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
- Family Financial Services, Inc. v. SpencerConnecticut Appellate Court · 1996
- Williams v. BankOne, National Ass'n (In Re Williams)United States Bankruptcy Court, E.D. Pennsylvania · 2003
- Staley v. Americorp Credit Corp.District Court, D. Maryland · 2001
- Whitley v. Rhodes Financial Services, Inc. (In Re Whitley)United States Bankruptcy Court, D. Massachusetts · 1995
3 more not listed; retrieve them via the Exa API.