By: Robert J. Nahoum THE PROBLEM: Three scenarios might have led you this article: You have just been notified by your bank that your account has been frozen because there is a debt collection judgment against you by some company called Collins Financial Services, Inc.. You’ve received a notice from your County Sheriff or a New York City Marshall that […]
Sued By Collins Financial Services, Inc. In New York or New Jersey?
How to Use Consumer Arbitration to Your Advantage
By: Robert J. Nahoum WHAT IS ARBITRATION? As technology advances, our lives have been made easier in many ways. There is no shortage of companies lining up to provide us with one sort of a service or another. Some we pay for like our cell phones, cable, internet and Netflix while others are free like Facebook, twitter and YouTube. One […]
GOP Senate and Trump Administration Vote to Kill CFPB Rule Limiting Use of Binding Arbitration Clauses
In a 50/50 tie, broken only by the vote of VP Pence, Senate Republicans and the Trump Administration voted to allow corporate abuses to continue with little to no accountability to consumers. Among the primary ways corporations, financial institutions in particular, get away with unscrupulous and abusive business practices is by forcing aggrieved consumers into binding arbitration and away from […]