The Consumer Financial Services Group at Barrett & McNagny LLP represents financial service providers, including retail installment sellers, in connection with their provision of consumer financial services. Members of the group have significant experience in all aspects of consumer credit compliance, consumer credit agreements and documentation.
Our attorneys assist clients in complying with the various state and federal consumer compliance laws. On the federal level, we regularly provide advice with respect to the laws of general application, including the Truth-in-Lending Act and Regulation Z, the Fair Credit Reporting Act, the Equal Credit Opportunity Act, the Electronic Funds Transfer Act, and the privacy provisions of the Gramm-Leach-Bliley Act. Due to the variety of institutions that we represent, we are fully familiar with the consumer finance aspects of the federal statutes and regulations which are applicable to specific types of institutions and businesses.
Providing advice on state regulatory matters is also a key part of our practice. We handle all types of issues that arise under Indiana's version of the Uniform Consumer Credit Code, including usury limitations, limitations on fees and charges and licensing concerns. We also provide guidance respecting limitations that arise under Indiana's Unfair and Deceptive Trade Practices Act and with respect to the various Indiana statutes that relate to specific institutions or industries.
The Consumer Financial Services Group focuses on the preparation of all types of consumer financial services agreements and documentation. We have significant experience in the preparation of promissory notes, loan agreements, mortgages, retail installment sales contracts, disclosure documents and other documentation relating to the relationships between financial institutions and consumers. We also regularly review agreements and documentation prepared by others for compliance with applicable law.
The combination of commercial and consumer financial law experience within the group makes us uniquely qualified to negotiate and draft agreements between the various participants in the financial services industry. Specifically, we have negotiated and drafted joint venture agreements between financial service providers, agreements between financial service providers and dealers or other originators, and between service providers looking to outsource certain aspects of their operations and the providers of such services.
The experience we have developed in connection with document drafting, including an intimate working knowledge of Articles 2 and 9 of the Uniform Commercial Code and various state lien laws, also allows us to service clients in other ways. For example, we have been involved in providing legal opinions in connection with securitization transactions, and assisted financial institutions with perfection and remedy issues arising under the Uniform Commercial Code.
The Consumer Financial Services Group handles mortgage foreclosure actions on behalf of mortgage lenders and collections under motor vehicle retail installment sale contracts. We focus on mortgage foreclosures in Northeast Indiana and are generally willing to handle such services on a fixed fee basis.
We also provide advice to others, including attorneys, on various aspects of the Fair Debt Collection Practices Act and, as part of our litigation practice, defend those that are sued for violations of the Act. We have assisted financial institutions in developing their internal collection practices and can help navigate the Indiana statutes relating to collection agencies and collection activities.
The laws respecting consumer finance are often changing. The lawyers of the Consumer Financial Services Group are committed to keeping up with these changes and assisting clients in conforming to the latest standards and requirements.
For additional information regarding Barrett & McNagny's Consumer Financial Services area of practice, please contact one of the attorneys listed below:
The information contained in the Barrett & McNagny, LLP web site is for informational purposes only and should not be considered legal advice on any subject matter. Furthermore, the information contained on our web site may not reflect the most current legal developments. You should not act upon this information without consulting legal counsel.
Your transmission and receipt of information on the Barrett & McNagny, LLP web site or sending an e-mail to one of our attorneys will not create an attorney-client relationship between you and Barrett & McNagny, LLP. If you need legal advice and want to establish an attorney-client relationship with Barrett & McNagny LLP, please contact one of our attorneys by telephone, email or other means of communication and allow the attorney to confirm that the firm does not represent other persons or entities involved in the matter and that the firm is willing to accept representation. Until such confirmation is provided by one of our attorneys, you should not transmit information to us which you consider confidential. If you do provide information to us and no attorney-client relationship is established, the information will not be considered confidential or privileged and our receipt of such information will not preclude us from representing another client in a matter adverse to you.
Any links to other Web sites are not intended to be referrals or endorsements of those sites.
An attorney-client relationship will NOT be formed merely by sending an email to Barrett & McNagny, LLP or to any of its attorneys. Please do not send any information specific to your legal needs until you obtain approval from a Barrett & McNagny, LLP attorney, as the content of such email will not be considered confidential or privileged. By sending us an email, you confirm your understanding of this notification. If you agree, you may use the e-mail links on this page to contact an attorney.