Minimizing Liability Under the FCRA Amid a Recent Uptick in Credit Reporting Litigation and a Likely COVID-19-Related Surge
Megan Starace Ben’Ary (Washington, DC) will co-present “Minimizing Liability Under the FCRA Amid a Recent Uptick in Credit Reporting Litigation and a Likely COVID-19-Related Surge” on September 23, 2020, during the ACI 32nd Advanced Forum on Consumer Finance Class Actions, Litigation & Government Enforcement Actions.
Megan and her co-panelists will:
- Offer insight into increased federal enforcement of the FCRA and related class action activity in the past year.
- Analyze frequently litigated permissible purpose claims as well as reporting accuracy and dispute investigation claims under this Act.
- Examine recent case law surrounding what constitutes correct reporting of multiple forms of delinquency, modification, and bankruptcy.
- Explain the modifications to the FCRA pursuant to the CARES Act, which impose limits to reporting of payment accommodations made due to the coronavirus crisis.
- Assess the consequences of continued credit reporting during the pandemic (beyond the specific limitations cited in the CARES Act) and litigation that consumers are likely to initiate.