Finance litigation may not be a term with which you are familiar. It refers to court reviewed controversies involving law suits brought against lending institutions such as banks and mortgage companies, car lenders, credit card companies and collection companies. Finance litigation can be put into place by a individual person or another business or corporation..

Defendants in such cases seek an attorney who specializes in finance litigation to get advice and defense strategies regarding the suit against them under one of the following: Equal Credit Opportunity act, Fair Credit Reporting Act, Fair Debt Collection Practices Act, Real Estate Settlement Procedures Act, Retail Installment Sales Financing Act, Truth in Lending Act, Uniform Commercial Code, and Unfair Trade Practices act..

Clients of finance litigation would include loan originators, borrowers, mortgage brokers, correspondent lenders, appraisers, and attorneys. They would also seek defense advice against class action suits alleging violations, fraud, and predatory lending, as well as tax and labor advice from their human resources departments, defense in housing discrimination claims, and prosecution of claims against former employees who broke their non-compete agreements..

Finance litigation is an intricate form of law. The corporate lawyers specializing in finance litigation need to be up to date and current in their education of the latest business laws and practices. Both the plaintiff and the defendant may have a litigation attorney on hand when trying a finance litigation case..

When trying personal cases in the sector of finance litigation, many lawyers will waive their fees until the case is tried and hopefully won. Consumer finance litigation accounts for some of the most landmarking court decisions on record. School finance litigations cases are also a sector of law that may be tried in court.

School finance litigation cases often pertain to limits or refusals of monies for the operation of public schools..

Finance : Finance litigation