Sentences with phrase «consisting of actual damages»

«Violations of the ATR requirements can lead to affirmative claims against creditors and defensive claims against assignees for potentially significant monetary damages consisting of actual damages, $ 4,000 in statutory damages, a refund of finance charges paid at closing, and three years of interest actually paid and attorneys» fees.

Not exact matches

It demonstrates that merely because a claimant's loss consists of a contingent liability that he would not have been exposed to had he been properly advised, does not mean that actual damage can only be suffered when the contingency occurs.
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