(a) With respect to a consumer credit sale, an assignee of the rights of the seller or lessor is subject to all claims and defenses of the consumer or lessee arising out of the sale notwithstanding any terms or agreements to the contrary, but the assignee’s liability under this section may not exceed the amount owing to the assignee at the time of the assignment.
(b) Rights of the consumer or lessee can only be asserted as a matter of defense to or set-off against a claim by the assignee.
(Dec. 17, 1971, 85 Stat. 670, Pub. L. 92-200, § 4.)
1981 Ed., § 28-3808.
1973 Ed., § 28-3808.
Structure District of Columbia Code
Title 28 - Commercial Instruments and Transactions. [Enacted title]
Chapter 38 - Consumer Protections
§ 28–3801. Scope — Limitation on agreements and practices
§ 28–3804. Assignment of earnings and authorization to confess judgment prohibited
§ 28–3805. Debts secured by cross-collateral
§ 28–3807. Negotiable instruments prohibited
§ 28–3808. Assignees subject to defenses
§ 28–3809. Lender subject to defenses arising from sales
§ 28–3811. Home solicitation sales
§ 28–3812. Limitation on creditors’ remedies
§ 28–3813. Consumers’ remedies
§ 28–3815. Administrative enforcement