Tuesday, March 17, 2015

New York Times Exposes Scheme to Cheat Servicemembers - and YOU - out of Legal Rights

When the brave men and women of the U.S. Armed Services are protecting our country, they should not have to worry about financial frauds and schemes at home. To alleviate some of this burden, Congress passed the Servicemembers Civil Relief Act (SCRA), which grants certain legal protections to members of the military. Unfortunately, corporations including USAA and JPMorgan Chase have found a way to violate the SCRA law without being held accountable -- forced arbitration.

The New York Times exposed this abusive practice today in a front page story. Forced arbitration could - and likely does - apply to you because forced arbitration is found in everything from cell phone contracts, to bank terms of service, to even nursing home admission forms.

Here's how the forced arbitration scheme works: corporations bury legal language called a forced arbitration clause in the fine print of their take-it-or-leave it contracts. These clauses say that if you have a dispute with the corporation, you cannot go to court, but instead must bring your claim to a private arbitration company usually chosen by the corporation. In arbitration, you do not have the same rights as you do in court and the arbitrator's decision is final with little to no chance for you to appeal.

Simply put, it's a rigged game and corporations are exploiting it to evade accountability when they break the law, steal from consumers, and injure our families. The good news is there is something we can do. First we need to spread the word and further expose the corporations that abuse the fine print. Second, our government officials need to hear from us that this practice must end. Luckily, the Consumer Financial Protection Bureau (CFPB) is currently considering ways to stop banks and loan providers from using forced arbitration.

Here are three quick things you can do TODAY:

• Share & Like the New York Times story on Facebook;

• Send the Article to Your Friends & Family: forward this email or write one of your own;

Sign the Petition Telling the CFPB to End Forced Arbitration.

7 comments:

Panharith said...

Nice blog. Thanks for information!!!
I really like your post!!!

gclub
บาคาร่า
gclub casino

Unknown said...

ขอบคุณสำหรับข้อมูลที่แบ่งปัน!!!!
goldenslot
สล็อตออนไลน์
สมัคร gclub


Unknown said...

It's A Nice Blog.
Advanced Digital Marketing Course in Bangalore

www.satu88.com said...

สล็อตออนไลน์
เกมส์สล็อต
slot online
game slotonline
เกมส์สล็อตมือถือ
slot mobile

dokdok said...

เลเซอร์หน้าใส เป็นอีกหนึ่งสิ่งใหม่ทางความงดงามที่ช่วยฟื้นฟูผิวหนังที่แห้งกระด้าง บริเวณใบหน้าหมองคล้ำให้กลับมาแจ่มใสมองเบิกบานใจ ผ่องแผ้วภายในช่วงเวลาอันเร็วทันใจ นับว่าเป็นทางลัดความงดงามที่กำลังเป็นที่นิยมสูง ช่วยดูแลผิวให้ขาวกระจ่างขาวสวยใส จากการลดลางเลือนริ้วรอยจุดด่างดำได้อย่างมีคุณภาพ

เลเซอร์หน้าใส
เลเซอร์ลดริ้วรอย
เลเซอร์รอยสิว

Clipping Path Service said...

I'm appreciate your writing skill. Please keep on working hard. Thanks for sharing.

Shally Warner said...

Your blog is very impressive and good to see. And also thanks for sharing this information. Keep it up and waiting for your next post regarding find out the bestPersonal Injury Lawyer North Jersey.