WHEN DOES THE 3 YEAR RIGHT TO BEGIN START? WHEN IS A LOAN “CONSUMMATED”? IS THERE EQUITABLE TOLLING OF THE TILA RIGHT TO RESCIND? (via Foreclosureblues)

WHEN DOES THE 3 YEAR RIGHT TO BEGIN START? WHEN IS A LOAN “CONSUMMATED”? IS THERE EQUITABLE TOLLING OF THE TILA RIGHT TO RESCIND? WHEN DOES THE 3 YEAR RIGHT TO BEGIN START? WHEN IS A LOAN “CONSUMMATED”? IS THERE EQUITABLE TOLLING OF THE TILA RIGHT TO RESCIND? Today, January 11, 2011, 3 hours ago | Foreclosure Defense Attorney Steve Vondran The following is an overview of a few cases I was looking at in the area of Truth in Lending (“TILA”) law.  We get a lot of questions about when TILA three years begins to run.  THIS IS NOT LEGAL ADVICE AND IS NOT TO BE CONSTRUED AS LEGAL … Read More

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Author: timothymccandless

I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand. As an attorney, I represented consumers against predatory lending practices and worked in elder law protecting seniors from fraud. My family lost $239,145 to identity theft, which became the foundation for my seniorgard.onlime and deepened my commitment to financial education. Since 2008, I have maintained a blog at timothymccandless.wordpress.com providing free financial education. Not behind a paywall. Free, because financial literacy should not cost money. I trade with real money using the exact strategy described in this book. My current positions: Pfizer at $16,480 deployed generating $77,900 per year net. Verizon at $29,260 deployed generating $51,000 per year net. Combined: 293% annualized pace. These are my only active positions. Not cherry-picked.

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