About Truth in Lending Act Violations

Florida Foreclosure Defense Attorney

The Truth in Lending Act requires creditors and lenders to disclose all pertinent terms, lending arrangements, and costs and fees to consumers who apply for consumer credit or a loan.  The primary purpose of the act is to ensure that borrowers are fully aware of their lender's terms. 

Truth in Lending Act violations can cause financial instability for consumers and may lead to them losing their homes.  For example, if a lender does not disclose certain fees or an interest rate hike to a consumer and the consumer fails to make sufficient payment due to this lack of information and understanding of the terms of the loan, the result can be a foreclosure action filed by the lender.

Often, the best option for homeowners trapped in toxic loans or underwater mortgages is to walk away.  A carefully planned strategic mortgage default may enable you to regain control of your financial future.

Strategic Mortgage Defaults

The Forrest Law Firm has advised and represented thousands of Florida homeowners.  Don't waste another day trapped in a bad mortgage.  Find out how you can walk away by calling The Forrest Law Firm for a free consultation.