Consumer Advocates Seek Victims Of Binding Arbitration
February 12, 2009, 3:23 pm
Filed under: Ian | Tags:

The Sun-Sentinel reports that an advocacy organization wants to get in touch with victims of abusive arbitration clauses:

Access to our judicial system is our most effective means of deterring fraud and holding wrongdoers accountable for harm their actions (or inactions) may have caused.

But, when a business includes a binding mandatory arbitration (BMA) requirement in its contract, it basically means if you have a dispute, it must be decided outside of the courts. Instead, those cases must be decided by arbitrators who are not bound by the Rule of Law that ensures consumers get a fair shake in the civil justice system.

And because BMA clauses are “binding,” you must abide by the decision of the arbitrator. You have no right to appeal the decision.

These“You can’t sue me” clauses essentially mean that you waive your right to sue if a dispute arises–but the same doesn’t always apply to them. . . .

The National Association of Consumer Advocates is gearing up for National Arbitration Fairness Day which will be April 29, 2009. NACA wants to take consumers to Washington, DC to share their stories with Congress and humanize the effects of binding mandatory arbitration clauses.

To get in touch with NACA, follow this link.  You can also send an e-mail to stories@fairarbitrationnow.org.


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