撤销
(law) the act of rescinding; the cancellation of a contract and the return of the parties to the positions they would have had if the contract had not been made
recission may be brought about by decree or by mutual consent
同义词： rescission
They need to sue, as the Ninth Circuit determined, so the court can decide whether recission is merited.
FORBES: Court Decision Gives Lenders A Headache, Borrowers An Ace In The Hole
The smartest course is to fire off a letter demanding recission within three years and keep it on hand in case they get in trouble.
FORBES: Court Decision Gives Lenders A Headache, Borrowers An Ace In The Hole
The Consumer Financial Protection Bureau supported the Scherzers, saying the law only requires borrowers to send notice of recission, with court action later merely a process for determining whether the lender needs to comply.
FORBES: Court Decision Gives Lenders A Headache, Borrowers An Ace In The Hole