ARBITRATION

ARBITRATION:

The Death of Your Legal Rights and Remedies. The term arbitration refers to a Legal technique for the resolution of legal disputes outside the courtroom. In arbitration both parties to the dispute agree to be bound by the decision of one person called the Arbitrator, who listens to their complaints and then makes a final decision.

These days arbitration agreements are showing up in virtually every type of consumer document that a person signs. Consumers will find arbitration agreements in bank loans, mortgage documents, credit card agreements, car loan documents, and even nursing home admission . So to put this in a way people can easily understand, if a company cheats and defrauds you and there is an arbitration agreement, you must follow that arbitration agreement.

You may not file a civil action against the company. The experience of this law firm is that Arbitration Agreements are onerous. The process costs the consumer too much money, it takes too long, and the results are not reviewable in most instances by a higher. If a consumer had the choice to agree to arbitration after a controversary arose, rather then being bound from the beginning, we would see less reason to object to the procedure.

WE ENCOURAGE OUR CLIENTS TO REJECT ARBITRATION AGREEMENTS WHENEVER POSSIBLE.