More Answers To Frequently Asked Questions
Do you provide litigation services? If so, what types?
Yes. A&B;’s Illinois debt litigation practice includes representation of financial institutions and other institutional clients in commercial, environmental, employment, negotiable instruments, loan workouts, collections and other business matters. The firm handles cases in state and federal courts throughout California, and also handles arbitration disputes.
What types of consumer financial services do you provide?
A&B; has considerable expertise advising financial institutions regarding consumer financial services. A&B;’s practice covers all aspects of compliance, new products development, products implementation and training. Areas of expertise include Truth in Lending, Community Reinvestment Act, RESPA, HMDA, flood insurance regulations and fair lending. A&B; regularly assists in development of, among other things, consumer loan documentation packages, including home equity lines, ARMs and credit cards. A&B; also supports the “back room” compliance function as well, regularly reviewing advertisement copy, application forms and loan underwriting polices. In addition, A&B; assists clients in responding to examination reports, including corrective action and restitution, and negotiating regulatory orders.
What types of banking operations services do you provide?
A&B; has developed an expertise in all areas of banking operations. Regulatory compliance, negotiable instruments, legal process and accounts documentation are among the areas of specialization of A&B.; A&B; provides assistance and in-house training with Truth-in-Savings, Regulation CC and Regulation C compliance issues and prepares accounts disclosures, account agreements, and other documentation related to banking operations. In addition, A&B; also covers cutting-edge Y2K issues, as well as electronic banking, such as home banking, home pages and Internet banking. A&B; also assists with new products development in areas such as mutual funds, sweep accounts and Smart Cards.