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| The Dangers of Binding Mandatory Arbitration (BMA) Clauses at Car Dealerships | ||
WHY GIVE AWAY YOUR RIGHTS? No one likes lawsuits. But it is precisely the threat of a lawsuit that forces many car dealerships to settle claims brought by consumers and discourages bad dealership practices. When you sign a binding mandatory arbitration clause (BMA), you are taking away that threat. Normally, you are also giving away your rights to be part of any class action lawsuits against the dealer and at times even against the manufacturer. Does giving away these rights hurt? You bet!
Learn more about these
issues! Right here,
we give you great links to position papers on binding mandatory arbitration
by many of the leading consumer groups in the country. Read them,
and then help us publicize this issue and this web site, For more information on mandatory binding arbitration clauses in auto contracts: The
arbitration trap: How consumers pay for 'low cost' justice Auto
Dealers and Consumers Agree: Mandatory Arbitration is Unfair Automobile
Dealers Push to Arbitrate: Buyer Would Give Up Right to Lawsuit For more information about mandatory binding arbitration issues in other types of contracts such as employment, credit, telecommunications services, and insurance: Consumer
Due Process Protocol from the American Arbitration Association
Fact
Sheet: Mandatory Arbitration—Taking away big rights with small
print The Costs of Arbitration prepared by Public Citizen's Congress Watch, details the various potential costs of arbitration, shares case stories, and compares arbitration and court costs for similar cases. Mandatory Arbitration Clauses: Undermining the Rights of Consumers, Employees, and Small Businesses from Public Citizen's Congress Watch describes several unique characteristics of mandatory arbitration that makes it harder to individuals to prevail in a dispute with a business. Arbitration Q&A from Public Citizen's Congress Watch provides answers to questions such as: Isn't arbitration a cheaper alternative than filing suit in court?, Why do businesses use arbitration clauses?, and What are the differences between a judge and a private arbitrator hearing a case? Consumer
and Media Alert: The Small Print That's Devastating Major Consumer
Rights Resolving Consumer Disputes: Mediation and Arbitration from the FTC describes mediation and voluntary arbitration in general.
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