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I'm in the middle of arbitration with Mandarich and Velocity on a lending club loan for $28k. So far Mandarich has been unwilling to talk about a settlement. They plan to call me as the only witness and the documents they have are basically just the original loan agreement and summons from when they filed a civil trial against me. We have a final abritration meeting on Monday and JAMS just sent out a $12k bill to them two days ago. I'm confused as to their plan to use me as their only witness. I thought they would need a witness to discuss the loan and payments made not made? Any insight you folks could give to me here?

This site is great and filled with so much good advice!! I am being sued by Mandrich LLC CACH for a debt they purchased from HSBC. I have followed so many of the suggestions from all of you! I responded to their first notice of judgement with a general denial, I answered their ROG's and Discovery request with responses I got from this site. I served them with a BOP as many of you suggested. I received their letter denying my request for a BOP but they did send me some doc's on the debt they said it was a courtesy and not part of my BOP request. I just received from them a filing where they are asking for a trial date. Can anyone help me? Where do I go from here? In the doc's they sent the HSBC agreement has a arbitration clause. Is this a good path?? Help!! Here is some background information on my case Being sued by- CACH Plaintiff's attorney- Mandrich LLC Amount they are asking for- $4,200.00 Original creditor- HSBC Served in person Assuming I was served legally? I received a few demanding payment Last payment on the account was early 2010 Debt has never been disputed I see so much great help being given here! Just hoping someone can offer some help??!!