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Re: National Arbitration Forum
Posted by Allison Warren on 9/17/07

    My name is Allison Warren and I receceived a letter as of 09/06/2007 that a debt with a car lot
    (nice cars) has gone in arbitration. However, as of 06/2007 an attorney submitted letter on my
    behalf to the Law firm that filed for arbitration and a agreement was set to pay off the debt in
    question. Later a letter was received after the agreement with the monthly payment plan but still
    stating that I owed the same amount of 14.000.00 and the agreement was to pay $150.00 monthly and
    the debt per the agreement was for $7000.00, now I am being told that I owe a total of $15.195.62.

    Please assist me in this matter if possiable as I have attempt to contact the law firm and no one
    will discuss this matter with me.

    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.

     
     

 
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