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IN RE ALPARONE

Bankruptcy No. 10-24806 (RTL). Adversary No. 10-2555 (RTL).

471 B.R. 104 (2012)

In re Francis A. ALPARONE and Carol E. Alparone. Francis A. Alparone and Carol E. Alparone, Plaintiffs, v. Ocwen Loan Servicing, LLC., Defendant.

United States Bankruptcy Court, D. New Jersey.

June 4, 2012.

Attorney(s) appearing for the Case

Joseph Albanese, Esq., for Plaintiffs/Debtors.

Fein, Such, Kahn & Shepard, Vincent DiMaiolo, Esq., Parsippany, NJ, for Defendant.

MEMORANDUM OPINION

RAYMOND T. LYONS, Bankruptcy Judge.

INTRODUCTION

The parties filed cross motions for summary judgment in this adversary proceeding regarding alleged violation of the Truth in Lending Act, ("TILA"), 15 U.S.C. § 1601 et seq. (2012). The court previously ruled that the disclosure of finance charges was inaccurate entitling the Plaintiffs to rescind the mortgage on their residence. In addition to rescission, the...

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