U.S. District Court in Hawaii Rules Trustee of Revocable Living Trust Can Sue Under Tila

Lawyers USAOctober 11, 2007

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Summary


The holder of property in a revocable living trust has standing to sue for violations of the Truth in Lending Act, a U.S. District Court in Hawaii has ruled.

The plaintiff owned her residence individually until she established a recovable trust and designated herself as the trustee and settlor. She conveyed the residence to the trust, identifying herself both as the grantor and, in her capacity as the trustee, as grantee.

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Extract


U.S. District Court in Hawaii Rules Trustee of Revocable Living Trust Can Sue Under Tila

The plaintiff later refinanced the residence and alleged she was promised ...

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