Campbell v. Commercial Credit Plan, Inc.

PIERCE, Judge.

In an action arising under the Uniform Consumer Credit Code, § 5-1-101 et seq., C.R.S.1973, (UCCC) plaintiffs, James and Yitelia Campbell (Campbells), appeal from a judgment of dismissal entered against them at the conclusion of a trial to the court. We affirm.

The Campbells agreed to serve as cosigners and encumbered their homes as collateral for a note executed by her brother. Thirteen months later, the brother became delinquent in his payments, and the Camp-bells attempted to cancel their obligation on the note exercising a right of rescission pursuant to § 5-5-204(1),…