[Download] "Powers v. Sims and Levin" by United States Court of Appeals for the Fourth Circuit # Book PDF Kindle ePub Free
eBook details
- Title: Powers v. Sims and Levin
- Author : United States Court of Appeals for the Fourth Circuit
- Release Date : January 01, 1976
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
Under the Truth-in-Lending Act and the regulations known as Regulation Z, the plaintiffs, husband and wife, by this action sought the maximum civil penalties, rescission of the home improvement loan contract and vesting of the property constituting home improvements in them without further obligation on their part to repay any of the funds advanced to them or in their behalf. The district court granted summary judgment for the plaintiffs upon findings and conclusions that the defendant had violated the Act in four respects. It awarded the maximum civil penalty of $1,000 to each of the plaintiffs, declared their home improvement loan contract rescinded and title to the home improvements vested in the plaintiffs without further obligation of repayment. It also ordered the defendant to pay the plaintiffs attorneys fees in the amount of $1,500. Powers v. Sims and Levin Realtors, E.D. Va., 396 F. Supp. 12.
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