Clarksville, TN Online: News, Opinion, Arts & Entertainment.


Topic: National Arbitration Forum

Domestic Policy Subcommittee releases report on manditory arbitration

 

Review of the largest provider of arbitration for debt collection reveals law violations

nationalarbitrationforum

The logo of the National Arbitration Forum

Washington D.C. – Dennis Kucinich (D-OH) the Chairman of the Domestic Policy Subcommittee of the Committee on Oversight and Government Reform, today released a majority staff report entitled “Arbitration Abuse: an Examination of Claims Files of the National Arbitration Forum,” which examines the nation’s largest provider of arbitration, the National Arbitration Forum, and concludes that there are numerous problems with the organization and its practices, including violations of California law and assisting in the violation of Delaware law.

Arbitration is the process by which disputes are resolved out of court, usually by retired judges or lawyers.  Mandatory arbitration occurs when consumers are deprived of their rights to a court trial as the result of boilerplate language in a contract they are required to accept, as a condition of their purchase, or an insert included in their monthly bill.  Mandatory arbitration has become a common clause in most consumer contracts and has been severely criticized by consumer advocacy groups. «Read the rest of this article»

Sections: Business | No Comments
 



  • Visit Us On FacebookVisit Us On TwitterVisit Us On PinterestVisit Us On YoutubeCheck Our FeedVisit Us On Instagram
  • Personal Controls

    Archives