Tuesday, July 21, 2009

Hoffman v. Lloyd (9th Cir. 2009) California’s Home Equity Sales Contract Act 20090720

-Bankruptcy-
Debtor's right under California's Home Equity Sales Contract Act to rescind the sale of his foreclosed home never expired where the sale did not comply with HESCA provision regarding notification of revocation right, debtor's agreement with purchaser did not expressly release HESCA rights, and buyer did not come forward with any evidence suggesting debtor actually knew of his HESCA rights at the time of signing the agreement.
Hoffman v. Lloyd - filed July 20, 2009
Cite as 08-15814
Full text http://www.metnews.com/sos.cgi?0709%2F08-15814

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