Yes!
Rooking or "being rooked" occurs when a character on the mainland dies or is killed so many times that his experience points drop below 1500. This would normally downgrade such a character from level 6 to level 5, but there is a special rule that, instead, resets him/her to level 1 on Dawnport.
All possessions except those in the character's depots, including his/her Bank Account, spells and quests are deleted upon being rooked. However, Achievements and Charm Points will remain assigned to him/her.
So this would allow you to repeat quests and took different paths to earn different achievements, or choosing a different vocation granting the character more achievement points to earn.