The simple answer is that the debt, or the claim on the debt, ends 20 days after notice of rescission. Otherwise the statute 15 U.S.C. §1635 and SCOTUS would have had no meaning when it says that the rescission is effective by operation of law at the time the notice is delivered. It provides a  […]

Tags: 15 U.S.C. §1640, 15 USC §1635, Common law rescission. Statutory rescission, jesinoski, SCOTUS, statute of limitations, TRUTH
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