Tag Archives: arbitration
- I Had A+ Credit Until My Identity Was Stolen. – Nikki
Nikki wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Can I File Bankruptcy to Get Out From Having to Buy Back My House? – Mari
“Dear Steve, I sold a house and the buyer sued me for nondisclosure. An arbitrator ruled in favor of the buyer and ordered that the contract be rescinded. Now I have to buy back the property and pay all costs related to the transaction including attorney fees. Can I declare bankruptcy to get rid of [...]
- FTC Hopes to Eradicate Broken Debt Collection Litigation and Arbitration
A report released by the Federal Trade Commission Monday featured the FTC’s complaints about debt collection in our country today. The report featured the conclusion that “consumers are not adequately protected in either debt collection litigation or arbitration.” The FTC put forth recommendations to both the federal and state governments on how to make the [...]
- The “Living Together” Contract: A Guide for Same-Sex Couples
A contract is no more than an agreement to do (or not to do) something. It contains promises made by one person in exchange for another’s actions or promises. Marriage is a contractual relationship, even though the “terms” of the contract are rarely stated explicitly, or even known, by the marrying couple. Saying “I do” [...]
- Credit Card Arbitration Falls Out of Bed. Began with National Arbitration Forum Getting Sued.
Minnesota Attorney General Lori Swanson and the National Arbitration Forum—the country’s largest administrator of credit card and consumer collections arbitrations—have reached an agreement that the company would get out of the business of arbitrating credit card and other consumer collection disputes. “I am very pleased with the settlement. To consumers, the company said it was [...]
- Minnesota Attorney General Sues National Arbitration Forum. Claims Consumer Deception.
Today the Attorney General of Minnesota, Lori Swanson, filled a lawsuit against the largest consumer arbitration company, National Arbitration Forum. She claims that the National Arbitration Forum tells the public and government that it acts fairly and impartially to help mediate complaints between consumers and credit card companies. It appears that Attorney General Swanson finally [...]