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PURSELL v. FIRST AMERICAN NAT. BANK

937 S.W.2d 838 (1996)

N. Thomas PURSELL, Jr., Appellant, v. FIRST AMERICAN NATIONAL BANK, Charles White, Anita White, and Charles Bagsby, d/b/a Tennessee Auto Recovery, Appellees.

Supreme Court of Tennessee, at Nashville.

September 16, 1996.

Attorney(s) appearing for the Case

Phillip North, A. Gregory Ramos, North, Pursell & Ramos, Nashville, for Appellant.

E. Clifton Knowles, Anthony J. McFarland, Joseph F. Welborn, III, Bass, Berry & Sims, Nashville, for Appellees.

OPINION

ANDERSON, Justice.

We granted this appeal to determine whether the actions of a bank following repossession of collateral for a loan form the basis for an action under the Tennessee Consumer Protection Act, Tenn. Code Ann. § 47-18-101, et seq. The trial court granted the defendants' motion to dismiss for failure to state a claim, and the Court of Appeals affirmed, concluding that the bank's actions did not constitute a violation of the...

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