What is the success rate of TILA?
Check the law books. TILA is a strict liability statute. The damages are set by law. The consumers do not even have to prove that the violations caused them any harm, but they recover from the banks anyway. Congress indicated that the consumer laws are to be liberally construed in the favor of the consumer. When consumers have the facts on their side and someone who knows how to apply and argue the case, they have an opportunity of winning.
