Consumer Credit Civil Filings for May 2012: “The latest available data from the federal courts show that in May of this year there were 890 new consumer credit lawsuits filed, most under the Fair Debt Enforcement Act and Fair Credit Reporting Act. According to the case-by-case civil enforcement information analyzed by the Transactional Records Access Clearinghouse (TRAC), this count was 12.4 percent higher than the previous month when 792 cases of this kind were filed. The volume of such litigation is averaging 194 percent higher than what it was five years ago in May 2007.”