Dealer Fraud: Forced Arbitration Clauses

Readers of this blog will remember that I've spoken on this subject several times. Many dirty dealers, dirty banks and dirty corporations slip Forced Arbitration Clauses (FACs) into the fine print of their contracts. Among other things, bad Court decisions have interpreted these FACs to mean that consumers have waived their constitutional right to file a claim in Court.  Dealer Fraud, Abusive Debt Collectors and Abusive Repossessors have no greater friend than Forced Arbitration.

The cases and claims, instead, are decided in secret by arbitrators selected and hired by big-money arbitration organizations that climb all over each other trying to be the chosen organization of the big-money corporations.

The so-called "neutral" arbitration organizations compete fiercely for the dealers and corporations to put their organization in the FACs as the approved arbitration organizations. Getting named in a dirty dealer or corporation's standardized contracts means millions in dollars of fees. The bias this breeds is as obvious as it is endemic.

This is an issue that exposes many so-called conservatives, as not true conservatives, but rather as nothing more than paid shills of the corporations and their lobbyists. These fake conservatives only support those constitutional provisions that favor their big-money benefactors.

More and more traditional and true conservatives, however, are coming around to the cause to eliminate pre-dispute Forced Arbitration.

These true conservatives recognize that the Seventh Amendment right to a jury trial in civil cases is a bedrock of our justice system and should not be so easily set aside.

These true conservatives recognize that access to the Courts is an important market based regulation. Access to the Court to correct, curb and/or punish commercial wrongdoers saves consumers money.

It also rewards the good guys for being good. If bad guys can be bad without paying the price, then it gives them an unfair competitive advantage over the good guys.

If you think you have been the victim of dealer fraud or debt collection or repossession abuse, you should contact a qualified attorney right away.

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