online dispute resolution

White truck driving on the highway with mountains in the background dot requires freight companies to have an arbitration clause

Do moving companies need an arbitration clause?

The definitive answer is yes, moving companies need arbitration clauses; the US Department Of Transportation stipulates that by Federal Law, every moving company must be signed up to an arbitration program if they are involved in interstate shipments of household goods. The DOT instituted this law (49 CFR 375.211) to reduce pressure on the US …

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factoring

Factoring and online arbitration – A perfect fit for debt recovery

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 …

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man thinking that online arbitration is cheaper with a backround of dollar signs

Online arbitration is cheaper than traditional arbitration

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. …

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How many claims are arbitrated annually in the US?

A total of nearly 10,000 arbitration cases were filed in the US in 2020 with $18,011,977,599 (that’s right over $18 billion!) in claims arbitrated. But arbitration is only for big businesses with big wallets right? No, not anymore. Brief’s groundbreaking platform has broken the mold, resolving cases within 45 days or less, starting at $600.  …

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wooden gavel and bronze scales of justice

Will the Civil Courts backlog ever be cleared?

A simple search engine query for “civil courts backlog” will yield hundreds and thousands of links that all say the same thing, that it’s not going away any time soon and things are unlikely to ever return to pre-Covid functionality. Every US court jurisdiction, from the Federal Court right the way down to the District …

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man signing a contract wit ha pen

Avoid the trap of “Cut & Paste” contracts as the fine print costs you

What is the real purpose of contracts?  Anyone can shake hands to make a deal, so why write it down?    Because a contract explains the rules of what happens when an agreement doesn’t go as planned.    That “boilerplate” language that everyone glosses over, all of sudden becomes your “guidebook” as to how to proceed. …

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What happens if a judgment is issued against you?

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 …

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Arbitration Awards are legally binding

Arbitration Awards are legally binding

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 …

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Can attorneys use Brief’s online dispute resolution platform to file a claim

Can attorneys use Brief’s online dispute resolution platform to file a debt claim?

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 …

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the lady of justice holding sword and scales against a blue sky

Online Dispute Resolution – Quick & affordable debt recovery

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 …

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