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By William Hudson
Tonight Attorney James Randy Ackley returns to the Neil Garfield Show and will continue the conversation about adhesion contracts he touched on during the April 29, 2016. broadcast. During the show, Ackley discussed raising issues of unconscionability in regards to defending against foreclosure.
Unconscionable or oppressive loans are all too common. Take for example, a borrower with limited income who refinances his $1.5 million dollar loan, only to default after five monthly payments. A Notice of Default is subsequently recorded, followed by a Notice of Trustee’s Sale and finally a Trustee’s Deed Upon Sale is recorded just shy of one…
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