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#1042571 - 09/15/08 08:36 PM Statute of Limitations Reg Z?
RegsGeek111 Offline
100 Club
Joined: Apr 2008
Posts: 123
What is the timeframe someone must pursue an action against a creditor for Reg Z violations?

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Lending Compliance
#1042723 - 09/16/08 12:20 AM Re: Statute of Limitations Reg Z? RegsGeek111
Richard Insley Offline
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Richard Insley
Joined: Oct 2000
Posts: 10,180
Toano, VA
Borrowers can initiate TILA actions for a year after the disclosures were required to be given. I've been told that the courts recognize no time limits if the TIL violations come up as a counterclaim in a case brought by the creditor.
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