Is it legal malpractice to fail to identify a TILA material violation if your Clients loan is within the last three years?

This is a problem we see all the time. Some clients will come to us after having an unpleasant or unsuccessful experience with another foreclosure defense attorney or law firm. One thing we often find is that the previous law firm (who may have just submitted the client for a loan modification or short sale) failed to audit the loan file, or to identify a material truth in lending violation that may trigger an “extended three year right to rescind their loan. If the borrower/homeowner had the ability to tender, you the previous law firm may have committed legal malpractice and have costed their client not only monetary damages, but also risked them getting a deficiency judgment. Come to the ForeclosureCollege.net seminar to learn about truth in lending law (TILA) and what you can do to Cover Your A** when trying to help foreclosure clients.

TO SHOW THE POWER OF TRUTH IN LENDING LAW, READ ONE OF OUR BLOG POSTS ON ONE HOMEOWNER WHO WORKED OVER A LENDER IN CALIFORNIA. HERE IS OUR POST.

http://www.foreclosuredefenseresourcecenter.com/tag/nguyen-tila-case/

SO, YES, IT IS POSSIBLE TO DEFEND AGAINST FORECLOSURE.