Daily Archives: March 4, 2010

TILA – Rescission Disclosures

Rescission rights arise when the transaction is a consumer credit transaction, in which a non-purchase lien or security interest is placed on the consumer’s principal dwelling unit. In layman’s terms, this applies primarily to home loan refinances with a different lender.

Forming an LLC

Forming an LLC can be a quick and painless process. The laws that govern this type of corporate identity are found in MCL 450.4102, et seq. The process is only painless when you have an experienced hand to guide you through the necessary filings, forms, articles, and legal implications.