Saturday, October 10, 2009

Fight Foreclosure with the Truth in Lending Act

When you complete your refinancing on your home the lender gives you a “Three-day Right to Cancel” notice. Lenders even provide documentation that clearly identifies the procedure for canceling the loan and the time in which it can be done. What the documentation fails to explain is that if any one of three key aspects of the loan documents are not properly completed, the three day period is extended to three years. If you think you have a case, then ask for a free consultation with an attorney to see if you can legally fight foreclosure.

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