Meadows v. Charlie Wood, Inc.

BOOTLE, Senior District Judge:

This case presents two questions:

First, whether the disclosure statement reflecting the sale of a boat, motor and trailer violated the Truth in Lending Act (TIL) requirements by listing $391.35 as a “Cash Down Payment”, rather than adding it to the “Amount Financed”, and

Second, whether this court has jurisdiction over the vendor’s counterclaim for balance due as purchase price.

In response to plaintiff’s complaint seeking $1,000 plus costs and attorney’s fees under 15 U.S.C.A. § 1640, the defendant denies the alleged TIL violation and counterclaims for $1287.52…