Mississippi Consumer Class Action Suits
Credit reporting bureaus have a massive impact on every consumer’s financial health and are responsible for producing reports that lenders use to decide whether to extend a loan. Landlords also use credit reports to decide whether to rent an apartment to someone.
Any violation of credit reporting regulations could affect millions of consumers. If enough consumers have a similar, unifying complaint against a common defendant, they may be able to join together in a class action lawsuit. Mississippi consumer class action suits allow plaintiffs to pool resources and litigate their complaints as a single trial to pursue compensation.
We can help you decide whether pursuing a claim as a class action is right for your specific needs. The knowledgeable attorneys at Schlanger Law Group LLP have deep experience successfully litigating class actions and can evaluate the facts of your case, determine if it shares similarities with other plaintiffs’ claims, and pursue compensation from negligent credit reporting agencies on your behalf.
Class Action Lawsuits at a Glance
In situations where multiple plaintiffs have similar complaints against a common defendant, certain federal regulations allow them to combine their cases together in a class action. Specifically, Federal Rules of Civil Procedure 23 provides the framework that the courts must use to certify a group of plaintiffs as a “class.”
Qualifying conditions for a class action suit include:
- The group of plaintiffs is so large that a traditional joinder of their claims is impractical
- There are questions of law that are common across the cases
- The claims are typical of all plaintiffs within that class
From a practical standpoint, pursuing a claim as a class action offers many advantages. Individual class members do not need to pursue their cases on their own. In fact, most will not even need to appear in court.
Finally, all class members are bound to the result of a single trial and share equally in the verdict. Mississippi consumer class action claims have complex qualifications and procedures, so it is best to hire an attorney with significant class action experience.
Qualifying for Class Action Litigation
Credit reporting agencies are prime candidates for class action lawsuit litigation. These bureaus produce credit reports on nearly every adult in America, and a violation of the law is likely to affect thousands or tens of thousands of consumers. One common example of credit reporting violations is an agency’s failure to maintain reasonable policies and procedures to ensure that credit reports are accurate.
For instance, credit bureaus may have policies that lead to mixing the credit files of people with similar names or other personal data; overstate consumers’ indebtedness, or fail to timely update credit files based on new information, such as lawsuits being dismissed. As a result, class action lawsuits against credit bureaus are a viable option for many Mississippi plaintiffs.
Call an Attorney for Help with Mississippi Consumer Class Action Suits
It is difficult to overstate the affect that credit agencies have on our everyday lives. Things as important as renting an apartment, buying a car, or applying for a job rely on an accurate credit report.
Unfortunately, credit reporting agencies are often negligent in fulfilling their duties to produce accurate financial reports. This is such a widespread problem that consumers may be eligible to combine their claims into a class action to simplify their legal cases and increase their chances for success.
Schlanger Law Group’s class action attorneys have years of experience and a track record of success and can help you determine if a class action is right for you. Contact our firm today for more information about Mississippi consumer class action suits.