Lynch v. GMAC Mortgage Corp. of Iowa (In Re Lynch)

How courts have described this case

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

• “Accepting [Debtors’] position would allow chapter 13 to be utilized to provide a windfall not contemplated by the provisions of chapter 13.”
• majority of courts have held that courts have inherent equitable power to condition right of rescission, as Congress could not have intended that security interest of lender be voided when obligors were unable to tender payment to it
• majority of courts have held that courts have inherent equitable power to condition right of rescission, as Congress could not have intended that security interest of lender be voided when obligors were unable to tender payment to it

Source: CourtListener parenthetical corpus (CC0).