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Re: National Arbitration Forum
Posted by Ultrapig on 11/19/04

    Their processes are quite interesting. The actions are filed
    in Minnesota. The Fair Debt Collection Practices Act requires
    that consumer debt actions be brought where the consumer
    resides. These guys give you the option to have a live hearing
    in your district but only if you pay $150. Funny there is no
    such requirement in FDCP.

    It's obvious that this is a quasi-judicial group trying to help
    creditors collect their money. They go out of thier way to hel
    p the creditor.

    I also believe that the arbitraton caluse inserted into the
    terms fo the agreement ex-post facto violate various state
    laws. And by the way they can never come up with evidence that
    the clauses were part of the credit agreement but this doesn't
    bother NAF>

     
     

 
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