Consumer Leasing Act Lawyers

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What Is the Consumer Leasing Act?

The Consumer Leasing Act (CLA) requires the seller of goods to disclose certain information. The CLA applies to leases extending beyond four months. This information can help you compare different leasing opportunities and whether leasing or buying is best for you. The required information includes:

What Are Common Violations of the CLA?

Violations of the CLA may include:

What Is Not Covered under the CLA?

Although the CLA covers personal property leased for more than 4 months, it does not cover:

What Can I Do if the Lessor Failed to Provide Me the Required Information?

If the lessor fails to provide the required information, you may sue the company. You may ask for 25% of the total of the monthly payments (and not less than $100 or more than $1000) in addition to any actual damages. If you are successful, you may also be awarded court costs and attorney's fees. Furthermore, the lessor may possibly face criminal penalties.

Do I Need a Lawyer Experienced with Leasing Issues?

A consumer lawyer would be able to discuss with you your various options and your legal rights under the CLA. If you face a company or lessor who fails to disclose required information, a lawyer would be able to help you with your claim.

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Last Modified: 07-02-2014 03:50 PM PDT

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