Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > 2+2 Communities > EDF
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #8  
Old 10-03-2007, 12:44 PM
Aloysius Aloysius is offline
Senior Member
 
Join Date: Mar 2004
Posts: 7,338
Default Re: Basic legal things everyone should know

[ QUOTE ]
Oh, and you cannot really bury things in the fine print. I am a bit fuzzy on what is considered incorrigible, but if a judge finds something in the contract incorrigible I believe that is grounds for the wronged (duped) party to void the contract.

[/ QUOTE ]

OP - nice thread idea. The above quoted is something I've always wondered about. For example, my friend (a lawyer) is working on a pro bono case representing subprime borrowers who recently defaulted on their mortgages. The contention is that the subprime borrowers (not native English speakers, mainly Hispanic) were grossly misled concerning their mortgage payment levels, and the actual structure of the debt.

Let's assume the actual terms were "buried" within the contract but extant somehow. My gut says the borrower in this case should be accountable for reading the contract and understanding it... but I guess not?

-Al
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 11:31 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.