legal  money


Question by  dsmith42 (371)

What can you tell me about credit arbitration?

I will be going to a credit arbitration and know nothing about them.


Answer by  dsmith42 (371)

At arbitration both you and your creditor will present your evidence regarding your credit case to the judge. There will be no jury. The judge will consider the evidence, and then make a decision regarding whom should pay what to whom. You cannot appeal after wards as you could if it was a regular trial.


Answer by  Rizu (141)

An arbitration is like a mini trial. The credit card issuers takes arbitration to down the legal costs. It should not take more than 2 hours for the arbitration.


Answer by  tamarawilhite (17883)

Credit arbitration is when you go into arbitration (medication) with someone or a group to whom you owe money. Have an attorney go with you.


Answer by  sanesh (86)

CREDIT arbitration , is used , between consumers and suppliers to solve , money disputes. an example is The method WritersGuild Association, sending all drafts of the disputed work to three individuals; separately and without knowledge of each other, they decide which writer deserves the award of credit. also used for credit cards

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