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Credit Reporting Agencies

Inaccurate Credit Reporting Class Action

On August 19, 2008, Caddell & Chapman received approval from a Central District of California court of an injunctive relief settlement for class action claims regarding the three largest credit reporting agencies in the nation. On this day, the court issued an order requiring the defendants to fundamentally change their reporting practices regarding consumers with Chapter 7 no‑asset bankruptcies. This change in defendants’ reporting practices will require them to finally provide accurate information in millions …

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