BAILEY v. DEFENBAUGH & CO. OF CLEVELAND, INC.

No. GC 80-218-WK-O.

513 F.Supp. 232 (1981)

Jessie BAILEY and Sandra Bailey, Plaintiffs, v. DEFENBAUGH & CO. OF CLEVELAND, INC., Defendants.

United States District Court, N. D. Mississippi, Greenville Division.

April 29, 1981.


Attorney(s) appearing for the Case

L. Paul Kossman and Nancy P. Kossman, Cleveland, Miss., for plaintiffs.

Kenneth G. Stamps, Jackson, Miss., for defendants.

Richard E. Ulmer, Sp. Asst. Atty. Gen., Barry H. Powell, Jackson, Miss., for amicus curiae.


MEMORANDUM OPINION

KEADY, Chief Judge.

This action was brought by plaintiffs Jessie and Sandra Bailey against defendant Defenbaugh & Co. of Cleveland, Inc. Plaintiffs allege that defendant, a loan company, violated both the federal Truth in Lending Act, 15 U.S.C. § 1601 et seq. [hereafter TILA], and corresponding Regulation Z promulgated pursuant thereto by the Federal Reserve Board, 12 C.F.R...

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