On July 22, we reporting a lawsuit by the Minnesota Attorney General who sued the National Arbitration Forum (NAF). As result of the lawsuit, the firm essentially shut down for good. Now one of the big players in the credit card industry, JP Morgan Chase, has announced that they are halting the [...]
Entries Tagged as 'NAF'
J.P. Morgan Chase Halts Submitting Disputes to Arbitration
August 3rd, 2009 · No Comments · Credit Cards, Legal Stuff
Tags: American Arbitration Association·Arbitration·Credit Cards·Disputes·JP Morgan Chase·lower interest rates·NAF
Minnesota Attorney General Sues National Arbitration Forum
July 22nd, 2009 · 2 Comments · Consumer Debt, Debt Collection, Legal Stuff
In what looks to be a landmark win for consumers, the Minnesota Attorney General has filed a suit against the Minnesota-based National Arbitration Forum (NAF), also know as the FORUM. The FORUM handles mandatory credit card arbitration cases as well as collection agency arbitration hearings. We’ve written a number of pieces slamming NAF in [...]
Tags: court trial·Credit card·deceptive practices·FORUM·fraudulent public statements·mandatory arbitration·Mann-Bracken·Minn. Stat. ยง 325F.67·Minnesota Attorney General·NAF·National Arbitration Forum
Wrongful Termination Exposes Deceptive Practices at National Arbitration Forum
May 29th, 2009 · No Comments · Consumer Debt, Credit Cards, I'm being sued!, Legal Stuff
A recent wrongful termination complaint filed by Deanna Richert, a former manager at National Arbitration Forum (NAF), claims she was denied promotions and terminated last year because of her gender and age, which were, respectively, female and over 40. NAF is a for-profit company based in Minneapolis which specializes in resolving claims by banks, [...]
Tags: Arbitration·arbitrators·Credit Cards·Famous Parties·mandatory arbitration·NAF·National Arbitration Forum·richert vs. naf·wrongful termination
Consumers Prevail in Arbitration with Credit Card Companies just .2% of the Time
June 10th, 2008 · 17 Comments · I'm being sued!
In March, Dennis J. Herrera, San Francisco’s city attorney, sued National Arbitration Firm, (NAF), a for-profit company based in Minneapolis which specializes in resolving claims by banks, credit card companies, and major retailers that contend consumers owe them money. In the suit, Herrera accused the NAF, which handles many firms in California state court, [...]
Tags: Arbitration·Business Week·Credit Card Company·lawsuit·NAF·National Arbitration Forum
