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Advanced Credit Repair - Dealing with Collection Agencies Discuss Article Regarding Arbitration in the CREDIT AND LEGAL ISSUES forums; Arbitration ties consumers' hands - MSN Money...
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Old 05-17-2007, 12:45 PM   #1
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Post Article Regarding Arbitration

Arbitration ties consumers' hands - MSN Money
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Old 05-17-2007, 03:04 PM   #2
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Originally Posted by boyblue_77 View Post
Not in West Virginia! Where an arbitration agreement entered into as part of a consumer transaction contains a substantial waiver of the borrower's rights, including access to the courts, while preserving the lender's right to a judicial forum (such as arbitration with the arbitrator dependent upon the lender for financial reward), the agreement is unconscionable and, therefore, void and unenforceable as a matter of law.
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