Tag Archives: arbitration
- Clear Your Debt, Global Client Solutions Case Kicked Out of Ohio Court to Arbitration
Yesterday the case against Clear Your Debt in Ohio was dismissed and sent to arbitration. Interestingly, the co-defendant Global Client Solutions’s request for arbitration under the Federal Arbitration Act was denied. The ruling provides yet another example of why consumers should carefully evaluate debt relief services prior to signing any contract and make sure they [...]
- I Had A+ Credit Until My Identity Was Stolen. – Nikki
Nikki “Dear Steve, I had A+ credit until I found out my identity had been stolen. Collection agencies are just out for blood from anyone. Now I am facing arbitration! I am facing arbitration with a credit card company’s attorney. Can I protect my assets with a lien or trust to buy some time and [...]
- 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 An arbitrator ruled in favor of the buyer and ordered that the contract be rescinded.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 [...]