Why Courts Are Skeptical of Past-Due Pay Status Cases
Over the past 18 months, courts have seen an influx of cases under the Fair Credit Reporting Act alleging that a tradeline reported as closed or transferred and, simultaneously, past due is erroneous. In fact, one district alone has seen over 50 of these cases filed in recent months.
In this article published in Law360, Troutman Pepper attorneys Dave Gettings, Ethan Ostroff, and Andrew Buxbaum discuss why courts are now trending to concluding these claims lack merit.