Fair Credit Reporting Act Overview and Case Update

Practice Area - Consumer Financial

OVERVIEW OF FAIR CREDIT REPORTING ACT AND CASE LAW UPDATE There has been a consistent increase in Fair Credit Reporting Act (“FCRA”) litigation in recent years despite an overall decline in lawsuits filed pursuant to other consumer protection statutes. Most consumer protection counsel will frequently find themselves handling an FCRA claim or being asked whether […]

Seila Law LLC v. Consumer Financial Protection Bureau: A Question of Constitutionality

seila-law-llc-v-con-fin-protection-bureau

The Supreme Court has decided to hear a case challenging the constitutionality of the structure of the Consumer Financial Protection Bureau (“CFPB”). The CFPB was created in 2010 under the Dodd-Frank Act, which provided that the director of the CFPB could be removed by the president for good cause. The petitioner in Seila Law, a debt […]

Attorneys Beware – The FCRA is a Consumer Protection Statute, Not a Mechanism for Greed

QSLWM News

Denise Miller v. Trident Asset Mgmt., LLC., et al.; No. 1:18-cv-02538-ADC (Dec. 4, 2019) (Order Granting Defendant’s Motion for Sanctions) In a scathing opinion, the District of Maryland recently awarded attorneys’ fees and costs to Defendant Trident Asset Management for having to defend what it characterized as “Plaintiff’s fraud upon this Court.” Denise Miller v. Trident […]