Re: National Arbitration Forum

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On 8/28/07, Jason J. wrote:
> On 8/08/07, Carlos.- wrote:
>> I've found some more data about how to stop the nfa, I hope you found it interesting.
>> It is at:
>>
>> http://www.educationcenter2000.com/legal/wolpoff_defense.htm
>>
>>
>>
>> Good luck all.
>>
>>
>> Carlos.-
>>
>
> That's great if the guys behind the NAF threats are from the Wolpof people, but the collectors
> who recently sent me a notice of an arbitration claim with NAF are CACH, LLC. I read through
> all the responses here to this, but I'm still not certain what I should do. Some people here
> say taking action is the key, others are saying to ignore it.
>
> It sounds to me like just another threatening way to get me to pay them money, but I have no
> idea what the consequences are of ignoring it. I've tried multiple times to work out a
> payment plan with these people, but everything they offer is unreasonable. I recently got
> laid off, so now is an especially bad time for them to request one lump sum payment. I only
> owe around $3K, a thousand of which seems to be their own tacked-on interest, presumably to
> give them a little more profit for buying out my debt from MBNA. Regardless, it certainly
> doesn't sound like arbitration will help me in the least, since the NAF doesn't appear to be
> even slightly unbiased.

I completely feel the same way.. and I'm really unsure of what to do. I don't know if I should
take some action or ignore it.. and I don't know if ignoring it is going to lead to them
garnishing my wages or something. Please help!