GLSP's Consumer Fraud Cases Recover Financial Losses
 Mr. and Mrs. James Parker made an $11,500 down payment on a mobile home. The dealer promised long-term financing. The papers for the loan, however, failed to deduct the down payment, and provided for a one-year loan with a balloon payment at the end of the year. Mr. and Mrs. Parker signed the loan papers after the dealer assured them it was only a temporary loan and that other financing would be arranged. The couple received none of the disclosures required by the Truth in Lending Act. When it became apparent to the couple that the dealer would not provide any future financing, they contacted GLSP. A GLSP lawyer filed suit, asserting claims for equitable relief, damages for fraud, and Truth in Lending violations, and the case was subsequently settled favorably to the Parkers. (Client stories are used with permission. Photographs and names do not necessarily represent actual clients.)
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