December 24, 2013
The court in deciding Gater v. Bank of Am., N.A., 2013 U.S. Dist. LEXIS 149872 (N.D. Ill. 2013) granted Bank of America’s motion to dismiss.
Plaintiff alleged violations of Truth-in-Lending Act (TILA), 15 U.S.C. §§ 1601, et seq. claim (Count I), and an Illinois Consumer Fraud and Deceptive Business Practices Act (Fraud Act), 815 ILCS 505/1, et seq. claim (Count II). Bank of America moved to dismiss the action.
The court found that the statute of limitations periods barred plaintiff’s claims, thus the court granted the motion to dismiss.| Permalink