This law provides Consumers with a vehicle to assert claims against Creditors that arise from Consumer transactions. The Law enables the Consumer to act as a "Private Attorney General" with the incentive that the attorneys fees incurred by the Consumer can be shifted to and imposed on the Creditor. Claims arising from debt collection, automobile finance, Real Estate Seller Disclosure responsibilities and other laws can be asserted by the Consumer.
With the potential for incurring liability for the Consumer's attorney fees as well as the Creditor's attorney fees, an early evaluation of the validity the Claim, establishing a strategy for defending the Claim and then asserting an effective Defense is essential.
Attorney Tom Reilly has successfully defended Creditors against such claims and can assist in evaluating the claim, developing a defense strategy and asserting an effective defense.