Minimizing Liability Under the FCRA Amid a Recent Uptick in Credit Reporting Litigation and a Likely COVID-19-Related Surge

September 23, 2020 11:45am

John C. Lynch
Troutman Pepper Hamilton Sanders LLP (Virginia Beach, VA)

Andrew K. Stutzman
Co-Chair, Financial Services Litigation
Stradley Ronon Stevens & Young LLP (Philadelphia, PA)

Megan Starace Ben’Ary
Managing Member, Washington Office
McGlinchey Stafford (Washington, DC)

  • Gain 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
  • Understand 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