Larry Meyer Virginia Badalamente Meyer v. Ameriquest Mortgage Company, a Delaware Corporation

**The Dispute** Larry and Virginia Meyer sued Ameriquest Mortgage Company claiming the lender violated the Truth in Lending Act when processing their mortgage loan. The Truth in Lending Act requires lenders to clearly disclose loan terms and costs to borrowers. The Meyers argued that Ameriquest failed to provide proper disclosures about their loan. **The Court's Decision** The Ninth Circuit Court of Appeals ruled in favor of Ameriquest Mortgage Company. The court found that the Meyers waited too long to file their lawsuit. Under the Truth in Lending Act, borrowers must file any legal claims within one year of when the loan transaction occurred. Since the Meyers filed their lawsuit more than a year after getting their mortgage, the court dismissed their case entirely. **What This Means for Workers** This ruling highlights the importance of timing when filing legal claims. Many employment and consumer protection laws have strict deadlines for filing lawsuits. Workers and consumers who believe their rights have been violated should act quickly and consult with an attorney as soon as possible. Waiting too long can mean losing the right to seek compensation, even if the violation actually occurred.