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Bankruptcy

: The Debt Podcast

Truth in lending a lever against foreclosure

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Many of the same miserable exploding ARM loans that bring clients into my office contain Truth in Lending Act violations.  The right to rescind a transaction that violated TILA is an arrow in my quiver for saving a house. Absent some legal theory that challenges the lender’s right to foreclose, we are left with the argument [...]

Full post as published by The Debt Podcast on March 21, 2008 (boomark / email).

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Related Law Articles

How to Stop Home Foreclosure
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Chevy Chase Bank
lawsuit claims the bank is in violation of the Truth in Lending Act

GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

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Ryland Group Inc. settles $370,000 questionable lending suit.

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.

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