Re: what is an arbitration letter?

Posted by JKelly (141.151.58.142) on July 24, 2004 at 19:57:19:

In Reply to: what is an arbitration letter? posted by NewToCreditProblems on July 24, 2004 at 17:54:01:

Arbitration is when a 3rd party decides if the debt is valid and owed. So, a validation letter tells you that you are being sent to arbitration on charged off account. By, law, they can not deny you your day in court, but they like to make you believe that you are bound by the arbitrator's decision.

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