Legal Opinion
Commonwealth v. Settlement Funding, L.L.C.
Fairfax County Circuit Court
Decided February 10, 2006No. Case No. CH-2003-183848PublishedCited by 3 opinions
1Opinion of the Court
BY JUDGE M. LANGHORE KEITH
Settlement Funding, L.L.C. ’s (“Settlement Funding”) cross-bill against Carla von Neumann-Lillie (“Lillie”) was heard on January 23, 2006. After hearing the evidence and argument of counsel, I took the case under advisement. I have now had an opportunity to review the evidence, the law, and argument of counsel. For the reasons set forth below, I find that the loan was usurious and violated the disclosure requirement of the federal Truth in Lending Act (“TILA”), 15 U.S.C. § 1601 etseq.
I. Background
On November 12,1996, Lillie redeemed a winning instant “Money for Life”…
2Cases cited4 opinions
- Richards v. MusselmanSupreme Court of Virginia · 1980
- Norfolk & Western Railway Co. v. Denny's AdministratorSupreme Court of Virginia · 1907
- Turner v. TurnerSupreme Court of Virginia · 1885
- Commonwealth v. Settlement Funding, L.L.C.Fairfax County Circuit Court · 2005
3Cited by3 opinions
- George Hengle v. Sherry TreppaCourt of Appeals for the Fourth Circuit · 2021
- Commonwealth v. Settlement Funding, L.L.C.Fairfax County Circuit Court · 2008
- RECP IV WG Land Investors, L.L.C. v. Capital One Bank (USA), N.A.Fairfax County Circuit Court · 2016