LindaK Posted October 27, 2006 Report Share Posted October 27, 2006 I received a notice of arbitration from MRS Associates on behalf of Pallino ReceivablesII for an MBNA account. On July 26 2006 I sent a DV and C&D letter by certified mail they received in on July 28,2006. They never sent validation but did stop calling several times a day on my home and cell phones. Yesterday I received the arbitration notice. What does this mean and what do I do now. Also at the bottom of the cover letter from MRS it states "This is an attempt to collect a debt . . . ." Isn't this a violation of the FDCPA? Link to comment Share on other sites More sharing options...
computerguy Posted October 27, 2006 Report Share Posted October 27, 2006 Send a Validation request to NAF and also demand to have them send you a Notorized Certified Copy of the Binding Arbitration Agreement that Binds you to an Arbitration with their Client. The Binding Arbitration Agreement is supposed to be produced and on file from my reading of their Rules of Procedure. Link to comment Share on other sites More sharing options...
CarolinaBlueEyes Posted October 27, 2006 Report Share Posted October 27, 2006 also check out budhibbs.com.. he deals with this all the time Link to comment Share on other sites More sharing options...
direred Posted October 28, 2006 Report Share Posted October 28, 2006 If you don't want to deal with arbitration (and would prefer court, which would tend to be less costly for you), you can always refuse arbitration. When they assign someone anyway, write to that person (ex parte) and tell them you'd be happy to add them to the countersuit. Repeat as needed.It probably won't change the eventual outcome, but it allows you to get some time. Link to comment Share on other sites More sharing options...
FriendInCt Posted November 9, 2006 Report Share Posted November 9, 2006 My opinion would be to tell you to expressly refuse arbitration and have them provide the arbitration contract with your signature on it as they say in their rules. Also make sure that they follow the rest of their own rules. Chances are no matter what you do they will follow through with Arbitration anyway because this NAF is a scam run by a bunch of scum bags. And if you look at the statistics 99.6% of the time the consumer loses. Link to comment Share on other sites More sharing options...
direred Posted November 9, 2006 Report Share Posted November 9, 2006 You know what I'd do?DV NAF. After all, they are a third party involved in an attempt to collect a debt.... Link to comment Share on other sites More sharing options...
Recovering Attorney Posted November 12, 2006 Report Share Posted November 12, 2006 NAF says you can ( for $20) file an objection, but there is no provision for how that gets satisfied. I wouldn't trust them not to continue the arbitration.I would go to court and get an order staying the arbitration. That may send them away. I would consider bringing the arbitration without validating as an FDCPA violation Link to comment Share on other sites More sharing options...
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