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State court of last resort · ST-VA-SC

Schmidt v. Household Finance Corp.

No. 071292Supreme Court of Virginia

071292 Schmidt v. Household Finance Corp. 06/06/2008 In a dispute arising out of a mortgage loan, the circuit court did not err in sustaining a demurrer to the plaintiff borrower's claim for rescission because…

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Current update

071292 Schmidt v. Household Finance Corp. 06/06/2008 In a dispute arising out of a mortgage loan, the circuit court did not err i…

At a glance
Court
Supreme Court of Virginia
First added here
October 4, 2026
Last entry
June 6, 2008
Policy at issue

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Official docket

Case timeline

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Docket entry

071292 Schmidt v. Household Finance Corp. 06/06/2008 In a dispute arising out of a mortgage loan, the circuit court did not err in sustaining a demurrer to the plaintiff borrower's claim for rescission because he did not allege sufficient facts to state a cause of action for rescission. Nor did the circuit court err in sustaining a plea in bar of the applicable statutes of limitation as to claims for actual and constructive fraud, along with several statutory causes of action, because plaintiff did not allege facts demonstrating that, despite the exercise of due diligence, he could not have discovered the alleged fraud within the applicable statutory limitation periods preceding his commenc…

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