by Carol Thompson Dan Murphy never imagined that losing an arbitration hearing could cost him more than the amount of his claim. The Minnesota resident had attempted to take a car dealer to court, only to learn he had signed a forced arbitration clause. Murphy had...
by Carol Thompson Image having to arbitrate a dispute and never having an arbitration hearing. That’s exactly what Nicole Mitchell, a former Weather Channel meteorologist said happened to her. Mitchell was serving as a reservist in the U.S. Air Force and a...
by Carol Thompson Those serving in the United States military are entitled to special protections from foreclosure and repossession. However, using mandatory arbitration clauses, lenders violate the laws leaving those who serve vulnerable to financial distress....
Subscribe in iTunes by Carol Thompson Proponents say arbitration is a cheaper alternative to court. Opponents say arbitration takes away their rights. The Consumer Financial Protection Bureau leans with the opponents. Yesterday, the agency director Richard...
According to The Washington Post, the Consumer Financial Protection Bureau is expected to issue a comprehensive report next week — issued under the Dodd-Frank Wall Street Reform and Consumer Protection Act — that consumer advocates predict will lay the...
