Consumer Financial Services and Litigation
Many factors have led to historic changes in the consumer financial services industry, especially the rise of big data and related consumer complaints. The Consumer Financial Protection Bureau and other bank regulators are laser-focused on entities of all sizes. To thrive in this environment, businesses need legal counsel who can help make sense of legal and compliance issues, and advise them should litigation result.
Barnes & Thornburg offers practical advice and holistic strategic direction on legal and regulatory consumer issues in the areas of loan originations, servicing, bankruptcy, collections, default servicing, loss mitigation and vendor management – all at a reasonable cost. We add value to your business by helping you create a culture of compliance and establish sound risk management practices.