Financial disputes are complex, time-consuming and costly to resolve through traditional litigation, but there are alternatives to court action. The Covid Pandemic was the straw that broke the camel’s back in the civil court system, already beset by delays, working with an archaic system that compounded issues further. The district courts still trundle along, but …
Whether you are the party lodging a claim or the defendant to a claim, there are important things to remember if you want to win an online arbitration claim. Access to justice has never been easier. Online dispute resolution is a great alternative to filing a court case. The Brief online dispute resolution process is …
Arbitration clauses for Contractors may not sound like a match made in heaven, but the truth is that these contract agreements make life much easier in the event of disputes. Contracting is a trade fraught with difficulties when it comes to disputes arising during handover to your client. As a Contractor, you will know that …
Building your own business from scratch is no mean feat, and if you want to find success, you should avoid the top mistakes business owners make. No matter how much enthusiasm and energy you bring to the table when starting a business, you will run into problems at some point. This is all part of …
Factoring and online arbitration work extremely well together and together provide the foundation for success in resolving disputes and recovering debt. Factoring – also known as receivables factoring or debtor financing – is an industry that is crucial in helping businesses manage their cash flow. It entails lending money and collateralizing the borrower’s debt or …
Online arbitration is cheaper and quicker than traditional arbitration, and this is backed up by facts. Brief’s online platform turns an arbitration claim around in 45 days, compared to 410 days with brick and mortar arbitration. It is also up to 80 percent cheaper and a run-of-the-mill claim should cost you no more than $1,700. …
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 …
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 …