ADAMS v. NATIONSCREDIT FINANCIAL SERVICES CORP.

No. 03 C 3857.

351 F.Supp.2d 829 (2004)

Matthew ADAMS, Plaintiff, v. NATIONSCREDIT FINANCIAL SERVICES CORPORATION, doing business as Equicredit Corporation of Illinois; Equicredit Corporation of America; Fairbanks Capital Corporation; and Bank of New York, as trustee, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

December 22, 2004.


Attorney(s) appearing for the Case

Cathleen M. Combs, Daniel A. Edelman, James O. Latturner, Jennifer S. Cichowski, Edelman, Combs, Latturner & Goodwin, LLC, Chicago, IL, for plaintiff.

Jonathan N. Ledsky, Craig Allen Varga, Varga, Berger, Ledsky, Hayes & Casey, Chicago, IL, for defendants.


MEMORANDUM OPINION AND ORDER

KENNELLY, District Judge.

Matthew Adams has sued his mortgage lender, its assignee, and the loan servicer claiming he was deprived of his rescission rights in violation of the Truth in Lending Act ("TILA"), 15 U.S.C. § 1601, and its implementing Federal Reserve Board Regulation Z, 12 C.F.R. § 226, when he was required to sign at the closing of his loan both a form describing his right to cancel within three days...

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