Posted by Bob Smith on June 12, 2009 at 00:34:56:
In Reply to: Re: The truth on House Bill 1787 posted by Bill Bronchick on June 10, 2009 at 16:16:52:
As I read it, the penalty is the greater of actual damages or 3x the
origination fee. The implied right of civil action gives a debtor a lot of
leverage.