People Caring for People

Morgantown Bank Loan Lawyers

When Banks Fail to Live Up to Their Promises

In recent years, there has been an uptick in the rate of claims against banks by lenders. Consider the following example:

A developer secures a loan from a bank for a large construction project. The developer proceeds with the project, making loan payments in full and on time. When the developer needs more funds to finish the project, the bank suddenly becomes wary and decides to stop the loans, leaving the expensive project dead in the water.

It’s easy to see the financial straits this situation leaves the developer in. In many cases like the above example, the borrower may have a legal claim against the bank that refused the loan. At Robinette Legal Group, we represent those businesses and individuals who have been wronged by unfair banking and lending practices. If you have a claim against a bank or lender, we are here to protect your rights.

Have you been treated unfairly by your bank? Contact us to speak with an experienced Morgantown bank loan attorney.

West Virginia Lending Laws

Banks and other lenders must adhere to the federal Truth in Lending Act (TILA). Passed in 1968, this law is designed to protect consumers from unfair practices of banks, mortgage lenders and other lending institutions.

The TILA requires that banks disclose the terms of the loan before the transaction. That includes the full cost of the loan, the APR and other relevant factors.

When handling a claim against a bank, we will carefully investigate the case to see if the lender violated TILA laws or other statutes. We will also work to assess the full amount of damage the violation caused our client to suffer.

We are experienced advocates for consumers and prepared to handle complex cases involving bank fraud and lending law violations. If you feel you have suffered financially due to an unfair lending practice, our attorneys are here to help you explore your legal options.

Contact us to arrange a cost-free consultation with an experienced lawyer today.