Tonight! How to Use TILA Rescission to your benefit?

What to do and what not to do with TILA Rescission

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Whether you can sue for damages is one question. Whether the rescission had the effect of removing the jurisdiction, right or authority to dispossess you of title is another. And whether title ever changed is yet another. Yes you can sue for damages if not barred by a statute of limitations. Yes authority is vitiated by operation of law regardless of the status of litigation. And NO, title never changed and you probably own your house unless state law restricts your right to claim such ownership.

All three questions are related. While the usual question is about damages, you must first start with a clear understanding of what effect TILA Rescission has on title and what causes of action might exist against the pretender lenders.

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