Dykema has one of the largest and most diverse litigation and counseling practices in the nation representing the debt acquisition industry. Our cross-disciplinary team brings together experienced attorneys from Dykema's national consumer financial services, class action defense, government policy, tax, employment and business services practices.
Dykema has long represented some of the largest companies in the debt acquisition and collection industry. In addition, we have successfully defended or are currently defending putative class actions and other complex litigation across the country, including claims arising out of the Fair Debt Collections Practices Act (FDCPA) and state law equivalents, the Fair Credit Reporting Act (FCRA), the Gramm-Leach Bliley Act (GLBA), the Telephone Consumer Protection Act (TCPA), the Telemarketing Sales Rule (TSR), and various other federal and state laws governing communications with debtors, the rights and obligations of debt buyers and the collection process itself. Dykema litigators have obtained successful results putative class actions at the motion to dismiss and class certification phases, and the Firm's class action team has achieved unparalleled success in class action trials.
Working in conjunction with the Firm’s structured finance and securitization practice, we also provide our clients with a full range of services in the structured finance and asset securitization area in connection with every phase of the public and private issuance of securities. The number of such transactions has grown tremendously in recent years as the structured finance and securitization industry has evolved into a substantial source of financing for many companies.
We also counsel large-scale debt buyers and collectors concerning regulatory matters and otherwise provide dynamic and innovative legal advice on a wide range of debt acquisition and litigation issues. With respect to legislation and compliance issues, our experience enables us to provide clients with an in-depth analysis of pending state and federal legislation, and with respect to new trends in litigation that may threaten the viability of the industry.