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Rescission: The cancellation of a contract.
Right of Rescission: Provides a three-day period when you can back out of the loan before you get the borrowed money, no questions asked.
Taxpayer Advocate Service: Someone representing your interests when trying to solve issues with the IRS.
Truth in Lending Act: A United States federal law designed to protect consumers in credit transactions by requiring clear disclosure of key terms of the lending arrangement and all costs.
United States Trustee Program: Created to help protect the integrity of America’s bankruptcy system.
Unsolicited Goods Act: Entitles a consumer to treat goods sent to him or her without prior consent as if they were his or her own as long as specified conditions are fulfilled; it is a criminal offense for the mer- chant to demand payment for those goods.
Warranty: An important promise made by a merchant or manufac- turer to stand behind the product.
