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Thursday, October 24, 2013
Arbitration Clauses-- Are You Signing Away Your Rights?
If you have applied for a credit card, opened a PayPal account, registered software, or filled out a warranty card, you have probably given up your rights to sue by agreeing to forced arbitration. Forced arbitration requires consumers to bring their claims to an arbitrator instead of going to court. Arbitration agreements are usually buried deeply in "fine print" and are impossible to find without spending hours reading through mind-numbing legalese. In arbitration, the consumer usually loses while Corporate America avoids responsibility.
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