7th Circuit Affirms Dismissal Of TILA Rescission Claims As Untimely

(December 14, 2017, 1:56 PM EST) -- CHICAGO — After finding that a former homeowner’s right to file a lawsuit in relation to rescission under the Truth in Lending Act (TILA) had expired years before he filed his case against a bank, the Seventh Circuit U.S. Court of Appeals on Dec. 12 affirmed a decision to dismiss his claims as untimely (James Fendon v. Bank of America, N.A., No. 17-1718, 7th Cir., 2017 U.S. App. LEXIS 25036)....

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