Code of Virginia - Title 59.1 Trade And Commerce - Section 59.1-21.23 Remedies for violation

§ 59.1-21.23. Remedies for violation

(a) Any creditor who fails to comply with any requirement imposed under this chapter shall be liable to the aggrieved applicant in an amount equal to the sum of any actual damages sustained by such applicant.

(b) Any creditor, other than the federal or state government or any political subdivision or agency of such government, who fails to comply with any requirement imposed under this chapter shall be liable to the aggrieved applicant for punitive damages in an amount not greater than $10,000, as determined by the court, in addition to any actual damages provided in subsection (a) of this section.

(c) Upon application by an aggrieved applicant, a court of competent jurisdiction may grant such equitable and declaratory relief as is necessary to enforce the requirements imposed under this chapter.

(d) In the case of any successful action to enforce the foregoing liability, the costs of the action, together with the reasonable attorney's fee as determined by the court shall be added to any damages awarded by the court under the provisions of subsections (a), (b) and (c) of this section.

(e) Any action under this chapter may be brought in any court of competent jurisdiction within two years from the date of the occurrence of the violation.

(1975, c. 627; 1977, c. 589.)

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Last modified: April 3, 2009