News on consumer rights issues and cases by Attorney Kenneth D. Quat
Homeowners seek resicssion of Ameriquest mortgage
A West Newbury couple facing foreclosure has filed a complaint in bankruptcy court to rescind a mortgage obtained from Ameriquest in 2004. The basis of the complaint is that Ameriquest failed to comply with the Truth in Lending Act by not providing them with sufficient notices of their right to rescind at the time of the mortgage closing. The couple is represented in the rescission case by Quat Law Offices.