In the ever-shifting landscape of consumer financial services, Caren Enloe remains vigilant, tracking daily the regulatory and legislative changes which may impact her financial service clients. The practice suits Caren. Stimulated by the academic side of the law, she has had a lot to keep her busy in an industry which was turned upside down with the creation of the CFPB. “My area of practice requires that you be nimble on your feet and open to change,” she explains. “I am always reading, always learning something new.”

Banks, collection agencies, debt buyers and fintech companies turn to Caren for their litigation and compliance needs. Caren represents both traditional financial service companies and fintech companies with operational and transactional compliance issues.  She particularly enjoys vetting new, cutting-edge financial service products and reviewing a business’ operations, identifying connections to consumer protection laws, and troubleshooting for litigation and regulatory concerns. With her litigation background and the current regulatory environment, Caren is well-suited for her clients’ needs. She uses her litigation experience to identify and address potential issues bearing a heightened threat of litigation if not addressed on the operational or transactional end.

Caren also represents consumer financial service entities in litigation and enforcement matters which involve consumer protection issues. Caren’s litigation philosophy is pragmatic. She listens to her clients as to their desired outcome and is tenacious in obtaining that outcome in the most efficient manner possible—whether through settlement or litigation. Recognizing that some matters require an aggressive approach and others require a more conciliatory approach, Caren determines the best way forward. “Striking that balance enables me to find the quickest path to the result my client desires.”

Caren rounds out her practice handling commercial litigation and bankruptcy matters for banks and ag-finance companies. Caren is one of the few attorneys in North Carolina well-versed in Chapter 12 creditor issues and has long handled Chapter 11 and Chapter 12s in the bankruptcy courts in North Carolina’s three federal districts.

Caren’s commitment to excellence and desire to stay abreast of the frequent changes her clients face inspired her to begin a blog in 2015, where she regularly posts regarding issues facing the consumer financial services industry. In addition to her content regularly appearing in several online and print publications, Caren is also a frequent speaker on the national stage and is actively involved in national, regional and state trade and bar associations.

Admissions
  • State Bar of North Carolina, 1990
  • U.S. District Courts for the Eastern, Middle and Western District of North Carolina
  • U.S. Court of Appeals for the Fourth Circuit
  • US Supreme Court
Education
  • J.D., cum laude, Campbell University School of Law, 1990
  • B.A. and B.M., Appalachian State University, 1986
Professional Affiliations
  • American Bar Association (Member, Business Law & Litigation Sections); Co-Vice Chair Debt Collection and Bankruptcy Subcommittee
  • Federal Bar Association
  • Consumer Financial Services & Commercial Financial Services Committees, American Bar Association
  • Vice Chair, Debt Collection and Bankruptcy Subcommittee of the Consumer Financial Services Committee (American Bar Association)
  • ACA International (Member Attorney’s Program, North Carolina Chair, 2007-present)
  • Conference on Consumer Law (Member)
  • National Creditors Bar Association (Defense Bar)
  • North Carolina Bar Association (former member of the Executive Council for the Young Lawyers Division and current Member of the Bankruptcy & Litigation Sections)
  • North Carolina Creditor’s Bar Association (current Secretary and former Co-Chair of Educational Committee, 2012-2014)
  • Wake County Bar Association (Member)
  • Wake County United Arts Council (Grants Panelist 2009-2012)
Awards & Recognition Published Articles
  • Who can Sue under the FDCPA? Sixth Circuit Expands Standing (Journal of Taxation and Regulation of Financial Institutions, Vol. 29 No. 2)
  • A Primer to the CFPB Proposed Payday Rule: What You Need to Know (California State Bar Business Law News, Issue 3 2016
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