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Home / Opinion Digests / Borrower’s TILA Rescission Suit Too Late (access required)

Borrower’s TILA Rescission Suit Too Late (access required)

An Alexandria U.S. District Court joins other district courts in the 4th Circuit to hold that a borrower must bring an action to enforce the rescission right under the Truth in Lending Act within three years of closing regardless whether the borrower submits timely notice of rescission to the creditor prior to the end of ...

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