In this episode of Consumer Finance Compass, Balch’s Jason Tompkins, partner in Balch & Bingham’s Consumer Finance Compliance & Defense Practice, explores the Seventh Circuit’s new decision ruling that the disclosure of personal information to a vendor is not an injury, discussing the issue of standing in this case. As he navigates the Nabozny v. Optio Solutions LLC decision, Jason offers three best practices for businesses to consider moving forward.

Debt collectors and other companies use third party See more +

In this episode of Consumer Finance Compass, Balch’s Jason Tompkins, partner in Balch & Bingham’s Consumer Finance Compliance & Defense Practice, explores the Seventh Circuit’s new decision ruling that the disclosure of personal information to a vendor is not an injury, discussing the issue of standing in this case. As he navigates the Nabozny v. Optio Solutions LLC decision, Jason offers three best practices for businesses to consider moving forward.

Debt collectors and other companies use third party vendors for a wide variety of activities. This case underscores that while plaintiffs may argue those practices violate the terms of the Fair Debt Collection Practices Act (FDCPA), it doesn’t necessarily lead to a federal lawsuit or liability for doing so.

CONSUMER FINANCE COMPASS

Hosted by Balch & Bingham’s Jason Tompkins and Jonathan Hoffmann, Consumer Finance Compass is a video series navigating the latest issues in the complex regulatory sphere that is consumer finance. Jason and Jonathan are partners in the firm’s Birmingham office and members of the Consumer Finance Compliance & Defense Practice. See less -