· 9/28/1995
First Gibraltar Bank, Fsb, Plaintiff-Counter v. Jimmy D. Smith, Thomas A. Oddo, Defendant-Counter
Citations
- 62 F.3d 133
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that guaranty agreement in connection with a commercial transaction was not personal in nature and therefore did not constitute a debt as defined by the FDCPA
- guaranty agreement related to a commercial transaction “was not personal in nature” and “does not constitute a debt as defined by the [FDCPA]”
- collection efforts related to personal guaranty of business debt are not “debts” within the meaning of the FDCPA because they are not for personal purposes
- collection efforts related to personal guaranty of business debt are not “debts” within the meaning of the FDCPA because they are not for personal purposes
- district court properly dismissed guarantor’s FDCPA claims because guaranty was of debts arising out of a commercial transaction
- interpreting 15 U.S.C. § 1692a(5)
Source: CourtListener parenthetical corpus (CC0).
Judges: Wisdom, Duhé, Benavides
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.