If you are a solo or small firm practitioner in Wisconsin, you might assume that the Truth in Lending Act (TILA), found at 15 U.S.C. § 1601 et seq., is a headache reserved exclusively for banks, mortgage lenders, and auto finance companies.
That assumption would be faulty. In reality, TILA can apply to local businesses, home contractors, and service providers.
When you pair TILA with Wisconsin’s counterpart – the Wisconsin Consumer Act (WCA), Wis. Stat. chapters 421-427 –
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