Gilbert v. Residential Funding LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that borrowers’ letter to their lender within three years of the transaction, rather than the filing of any suit, is all that is required for notice of rescission under TILA
• “If a creditor fails to comply with [TILA], the borrower has the right to rescind up to three years after the transaction.”
• “The Beach Court did not address the proper method of exercising a right to rescind or the timely exercise of that right.”

Source: CourtListener parenthetical corpus (CC0).