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Consumer Financial Services Litigation

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We combine vast experience with exemplary service and passion to achieve results.

Financial services institutions face a myriad of litigation issues unique to the industry. Consumer protection laws and regulations have evolved at a record-setting pace, and investigations and enforcement actions have subsequently increased. It is challenging for financial institutions to keep up with shifting regulations and increased scrutiny.

HOW WE HELP

Our nearly 40 consumer financial services litigation attorneys resolve and litigate disputes for industry clients nationally in virtually every type of consumer lending litigation and enforcement forum.

Practicing in federal, bankruptcy, and state courts throughout the United States, we tap our deep industry knowledge derived from representing a diverse array of financial institutions including national and state-chartered banks, credit unions, mortgage lenders and servicers, automobile finance companies, student lenders, credit card companies, community banks, specialty finance firms, retailers and other businesses who deal with their consumer customers on credit. Our cases often involve complex questions of first impression, regulatory, and other matters of high importance to our clients and the consumer financial services industry.

Encompassing virtually every kind of claim brought against lenders and depository institutions, our experience encompasses litigation and compliance with federal and state laws and regulations, unfair and deceptive acts and practices claims, challenges to fees, interest rates and other contract terms, redlining and other discrimination issues, property preservation, force-placed and other insurance, and privacy and data security matters, among others. We serve as strategic and trusted advisors who handle the alphabet soup of complex regulatory and enforcement issues and claims involving federal and state laws such as:

  • Electronic Funds Transfer Act (EFTA)
  • Equal Credit Opportunity Act (ECOA)
  • Fair Credit Reporting Act (FCRA)
  • Fair Debt Collection Practices Act (FDCPA)
  • Home Ownership and Equity Protection Act (HOEPA)
  • Home Owners’ Loan Act
  • National Bank Act
  • Real Estate Settlement Procedures Act (RESPA)
  • Servicemembers Civil Relief Act (SCRA)
  • Telephone Consumer Protection Act (TCPA)
  • Unfair and Deceptive Acts and Practices Claims
  • Truth in Lending Act (TILA)
  • Truth in Savings Act (TISA)

Our attorneys regularly speak and publish on developments in consumer financial services law and also counsel clients on regulatory compliance and litigation avoidance strategies. We also publish the Seyfarth Consumer Class Defense Blog, which provides perspectives and timely developments on consumer financial litigation and regulatory activity.

THE SEYFARTH EXPERIENCE

We are known for delivering exceptional client service and outstanding results in true partnership with our clients through our acclaimed service delivery platform and innovative approach that leverages our legal acumen with our knowledge base. We obtain a clear understanding of our clients’ goals and desired outcomes, and we set out passionately to achieve them.