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 […]
ADR
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
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
An alternative to costly and time consuming courtroom litigation to recover commercial debt is through online dispute resolution. Courts are the traditional means for lenders to enforce and recover unpaid debts. The problem that many businesses face is that litigation (or even traditional arbitration) is expensive and time consuming. Often, the cost and effort spent
Arbitration is one option for resolving financial disputes and an arbitration award is also legally binding but many people still ask how to enforce an arbitration award. With arbitration, an impartial arbitrator will decide who pays money, if any, and how much. An award acts as a judgment, and it is a legal determination of
Just like every other industry on the planet, the legal industry was crippled when shutdown orders spread across the country. Courts closed for weeks, if not months, and those involved in trials, hearings, and other legal proceedings were left in limbo, wondering when they would have their cases heard or decided. While some courts, in