Arbitration can kill a consumer's case by preventing consumers from having their day in court. Many people who are ripped off by car dealers or subjected to automobile dealer fraud have no idea they relinquished their right to a jury trial by signing an arbitration clause. The CFPB was taking steps to limit businesses ability to bar the doors to the courthouse and force people into expensive, business-friendly arbitration.
Congress didn't do consumers any favors this week by killing the CFPB rule that was intended to protect consumers access to justice. However, there are still ways to stay out of arbitration. The NCLC article has identified the ways to combat arbitration clauses despite Congress' terrible decision. Click here to read more.
If you have additional questions call Oregon Consumer Lawyer Jeremiah Ross at Ross Law. Call 503.224.1658 for your very breif free case evaluation.