All contrary arguments are erroneous since they would insert a contingency where the statute contains no room for any contingency. The language of the statute bars any such contingency when it says that the TILA Rescission is effective upon delivery, by operation of law. If anyone wants the statute to say or mean anything different …
Why Everyone (except SCOTUS) is Wrong About TILA Rescission Read More »
by William Hudson Neil Garfield is adamant that if consummation did not occur, there can be no contract. His belief is supported by hundreds of years of contract law (including the marriage contract). In regards to marriage, most people know if consummation occurred, yet when it comes to taking out a securitized loan like a …
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Like the Mortgages, Rescission is Counter-Intuitive Read More »
[polldaddy poll=2155545] For further information please call 954-495-9867 or 520-405-1688 RESCISSION IS NOT A GIMMICK. IT IS PUBLIC POLICY! TILA is designed to punish banks who play outside the rules. It is designed to put all the power into the hands of the borrower. AND it has worked up until it stopped working with hundreds …
RESCISSION: If no lender disclosed, then there was no consummation, no loan contract Read More »
For further information please call 954-495-9867 or 520-405-1688 Important Message: This blog should NEVER be used as a substitute for competent legal advice from an attorney licensed in the jurisdiction in which your property is located. =============================== see http://openjurist.org/784/f2d/910/king-v-state-of-california-d-m The most popular question I get here on the blog and on my radio show is …
Rescission: Equitable Tolling Extends Statute of Limitations Read More »
