More Chatter About the San Francisco City Attorney’s Suit Against The National Arbitration Forum
The San Francisco City Attorney apparently has some enthusiastic cheerleaders for its recent suit against the National Arbitration Forum (NAF), which we discussed here.
Credit Slips is a terrific credit and bankruptcy blog which contributors are mostly law professors with deep knowledge about their topic. Professor Bob Lawless’s post today provides links to previous posts in the Credit Slips blog about the NAF. Those posts include some nightmarish horror stories about consumers’ experiences with arbitration. He also notes the NAF’s high win rate for creditors and describes how the NAF acts almost as if they are a disguised debt collection agency.
We are encouraged by this commentary. Mandatory arbitration is a very bad way to resolve consumer disputes.