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Advanced Credit Repair - Dealing with Collection Agencies Discuss Wolpoff & Abramson Legal Defense in the CREDIT AND LEGAL ISSUES forums; Has anyone seen this before?...
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Old 08-20-2007, 11:56 AM   #1
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Wolpoff & Abramson Legal Defense

Has anyone seen this before?
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Old 08-20-2007, 12:21 PM   #2
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As soon as I see the phrase "Bud Hibbs" I laugh and adjourn to the arcade.
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Old 08-20-2007, 01:19 PM   #3
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Do we have any proof of the relationship between W&A and NAF?

I couldn't find anything, and I know that sometimes internet information is not correct.

I'll keep looking.

Hannah, do you have the opinioin cited? Does it actually say in the opinion that there is a relationship between NAF & W&A?
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Old 08-20-2007, 02:29 PM   #4
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Originally Posted by Hedwig View Post
Do we have any proof of the relationship between W&A and NAF?

I couldn't find anything, and I know that sometimes internet information is not correct.

I'll keep looking.
I had never heard this either and was looking up arbitration and another W&A type company when I ran across it. There is a lot of misinformation on the net...I just don't know if it's misinformation or not.

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Hannah, do you have the opinioin cited? Does it actually say in the opinion that there is a relationship between NAF & W&A?
For some reason, Lexis is down so I googled it. I found a paper referencing it. And found the case on Findlaw (attached). Shepardized there are hundreds of cases. Apparently it is still good law as it was cited in the decision Chance v Erickson by SCOTUS as late as 1996 but for another reason other than that which the author of the W&A web article. Interesting case.

Edited to add: Go to the Bud Hibbs link and he says the NAF is just a rumor but that W&A are the single largest supplier of claims to the NAF and at $ 250.00/per claim, it’s easy to see why they win approximately 95-98% of all claims filed with the NAF.
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Last edited by hannah; 08-20-2007 at 02:34 PM..
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Old 08-20-2007, 03:04 PM   #5
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I didn't think W&A owned NAF. It would be too easy to prove conflict of interest.
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Old 08-20-2007, 03:26 PM   #6
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I didn't think W&A owned NAF. It would be too easy to prove conflict of interest.
<SNORT!!> It's already a conflict of interest if the impartial arbitrator is being paid by the adversarial party who brought the suit. That's why arbitration is being reconsidered by our Congress critters right now. Under WV consumer law, it's considered unconscionable as it violates due process.

Wanted to add though that it's so easy to put stuff up on the web and sound like you know what you are talking about. I don't know the guy who wrote the article on the above website but it would be horrible if someone who didn't have access to a forum like this one and simply did as the above author said and ended up with a judgment against him/her. When I read it, it just didn't pass the smell test which is why I brought it to the forum's attention.
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Last edited by hannah; 08-20-2007 at 03:30 PM..
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Old 08-20-2007, 03:49 PM   #7
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I know it's already a conflict of interest, but harder to prove. An ownership interest would be pretty blatant.

I agree that something didn't seem right. That's why I asked if you had the case. When I went to what was linked it didn't look like the real opinion, most have a different look.
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Old 08-20-2007, 06:17 PM   #8
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As soon as I see the phrase "Bud Hibbs" I laugh and adjourn to the arcade.
If you click educationcenter2000's link to W & A on Bud Hibbs site, you can read that Hibbs himself says that it is a false rumor that W & A owns NAF. EC2000 obviously can't read.
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Old 08-20-2007, 07:22 PM   #9
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W&A does not own the NAF....but if their win rate drops below 90%....they will simply find an arbitration forum that will take $250 an hour to rule against consumers.

Sometimes it is better to control something than own it.
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Old 08-20-2007, 07:46 PM   #10
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"Recently, W&A became the nation's first Certified Arbitration Manager for the National Arbitration Forum whose arbitration provision is now included in over 400 million credit card agreements. As such, the law firm will be representing its collection clients in arbitration claims before the Forum and, after obtaining an arbitration award, can docket the award in state court and engage in post judgment enforcement actions including wage garnishments and bank attachments. W&A is the only law firm that has a full electronic interface with the Forum, allowing for paperless filing and tracking of all claims. All arbitration claims and hearings are handled by attorneys at W&A which ensures proper representation."
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Old 08-20-2007, 11:32 PM   #11
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"Recently, W&A became the nation's first Certified Arbitration Manager for the National Arbitration Forum whose arbitration provision is now included in over 400 million credit card agreements. As such, the law firm will be representing its collection clients in arbitration claims before the Forum and, after obtaining an arbitration award, can docket the award in state court and engage in post judgment enforcement actions including wage garnishments and bank attachments. W&A is the only law firm that has a full electronic interface with the Forum, allowing for paperless filing and tracking of all claims. All arbitration claims and hearings are handled by attorneys at W&A which ensures proper representation."
Source?
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Old 08-20-2007, 11:33 PM   #12
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Source?
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Old 08-20-2007, 11:39 PM   #13
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What? Do you people think I make this stuff up? You would think I could get a little respect after all these years.

http://www.americanfinsvcs.com/publi...f/members2.pdf
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Old 08-20-2007, 11:43 PM   #14
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What? Do you people think I make this stuff up? You would think I could get a little respect after all these years.

http://www.americanfinsvcs.com/publi...f/members2.pdf
I haven't had the time today. Had dispute letters to write for legal aid and was there from 5 pm til 9:45 pm. Not to mention the storms here today...Christine likes to hydroplane...
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