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Foreclosure Defense: Understanding TILA Basics Is Essential
The Truth in Lending Act, or TILA, is a powerful tool every attorney can use to help clients facing foreclosure. TILA favors consumers and, with its remedy of rescission, it can put borrowers back into the position they were in when the loan was originated. Rescission can be claimed against any assignee of the loan. All attorneys working with clients facing foreclosure need to understand TILA, how it can be used, and its terms.
Copies of this article are available for individual purchase online for $15 apiece.
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- Foreclosure Equity Stripping: Legal Theories and Strategies to Attack a Growing Problem
- Protecting Elderly Homeowners from Predatory Mortgage Lenders
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