Legal Opinion · Dissent

Lecia Andersen, David Andersen v. Farmers Bank of Clatonia

Court of Appeals for the Eighth Circuit

Decided May 13, 1981No. 80-1692Published

1DissentRichard E. Robinson, Senior District Judge

Appellees- Lecia and David Andersen, as husband and wife, entered into a single consumer credit transaction with the Farmers Bank of Clatonia. In that transaction the Andersens signed a single note as co-obligors for which they were jointly and severally liable. The collateral used to secure the loan belonged to them jointly and they received a joint distribution of the loan proceeds.

There is no dispute on appeal that the transaction violated the Truth in Lending Act, 15 U.S.C. §§ 1601-1666. There is also no contention that the violation was anything but technical—the Andersens admittedly…

2Cases cited8 opinions

  1. Monell v. New York City Dept. of Social Servs.Supreme Court of the United States · 1978
  2. Ford Motor Credit Co. v. MilhollinSupreme Court of the United States · 1980
  3. Catherine Walsh, Etc. v. Louisiana High School Athletic Association, Lutheran High School Association of Greater New OrleansCourt of Appeals for the Fifth Circuit · 1980
  4. Eugene Roosevelt Powers and Lila Virginia Powers v. Sims and LevinCourt of Appeals for the Fourth Circuit · 1976
  5. Gay Student Services v. Texas a & M UniversityCourt of Appeals for the Fifth Circuit · 1980

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