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ECOA Violation Case: Ruggiero v. K Bank by dankishfobbing is a document available to read on EtoBox.
K Bank extended a loan in the amount of $5,600,000.00 to The Retreat at Love Creek, LLC, and required Ruggiero and Setzler to join their husbands in their business endeavor and remain personally liable for the loan. Setzler and Ruggiero claim K Bank violated the ECOA by requiring them to sign guaranties for their husbands’ loans, despite the fact that their husbands were credit-worthy on their own. The husbands turned out to be not so credit-worthy and the Bank wanted it
- Author
- dankishfobbing
- Language
- EN