If a judgment is issued against you over a debt claim, your life can be impacted substantially because what was an uncollectable amount of money suddenly becomes a collectible amount of money, often with interest and attorney fees on top. In the past, judgments were only issued by the courts after a debt collection lawsuit […]
Financial Disputes
If agreed to by the parties in their underlying agreement, Arbitration Awards are legally binding, meaning that if one is issued against you, it is legally recognized and may be reduced to an enforceable judgment by the courts. Arbitration is a process that has been recognized as an alternative to litigation because it is typically
Can attorneys use Brief? Absolutely… just imagine a world where you, an attorney, do not have to go through the messy civil law court system to file a debt claim on behalf of your clients. In COVID times, the law courts are at a complete standstill, and the backlog of cases is getting bigger. Budget
No one wants to have a debt judgment issued against them and settling a debt claim is often quicker and more effective than waiting for an arbitration award or civil court judgment. Debt is a strange animal and there could be many reasons why people have not followed up on their legal obligations to repay
Being in debt is not pleasant and if you do not respond to a debt claim against you within the stipulated time frame, your finances and credit score could be impacted badly. In the past, many creditors walked away from debts, leaving money on the table because the debt recovery process in the Civil Courts
The Covid-19 Pandemic has been raging for 18 months now and while vaccination rollouts are bringing some semblance of normality back, it is clear that people are turning to online solutions in ever increasing numbers. J.P Morgan and other analyst firms have published studies which show that amongst other activities, people are increasingly shopping, seeking
The ability to recover debt without going to court is now a reality. Traditional litigation in a local courthouse is often not worth the money spent and can take months, if not years. With over $645 billion spent in the US every year on litigation and 7.2 million new cases registered annually, it is no wonder
Online arbitration is a form of online dispute resolution (ODR) that allows commercial disputes to be settled exclusively online swiftly and at a cheaper cost than traditional arbitration or court litigation. Resolution of disputes involving certain debt is often overlooked and considered a non-starter or the collection cases are sold off for pennies on the
No one wants to have a debt judgment issued against them and settling a debt claim is often quicker and more effective than waiting for an arbitration award or civil court judgment. Debt is a strange animal and there could be many reasons why people have not followed up on their legal obligations to repay
