Mourer v. EquiCredit Corp. of America (In Re Mourer)

MEMORANDUM OPINION

MCKEAGUE, District Judge.

This is an appeal from an order of the bankruptcy court in a Chapter 13 adversary proceeding. The bankruptcy court held that EquiCredit Corporation of America violated the Truth in Lending Act and the Home Ownership and Equity Protection Act in its refinancing of the debtors’ home loan by failing to make required disclosures. The bankruptcy court awarded partial relief to the debtors, but held they were estopped from rescinding the transaction altogether. Having duly considered the parties’ briefs and exhibits and having heard oral arguments of…