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[-] Arbitration Revisited - Kevin Ahern/CT (4 replies)
3/21/2008 11:51:39 AM (3289 views)
Re: Arbitration Revisited - Robert Franco/OH
3/21/2008 12:40:47 PM (4730 views)
Re: Arbitration Revisited - Kevin Ahern/CT
3/21/2008 12:48:57 PM (4689 views)
Re: Arbitration Revisited - Ronda Roaring/NY
4/1/2008 10:33:53 AM (4388 views)
Re: Arbitration Revisited - Kevin Ahern/CT
4/1/2008 11:44:56 AM (4392 views)
Rhonda, you do not understand the arbitration process. It is a method of alternate dispute resolution for debt collection. If the client does not pay the arbitration award, it is a simple matter of having the court affirm the award. In which case it becomes fully enforceable as a court judgment. This is an expedited procedure, and you get your court filing fees awarded to you when the award is affirmed by the court. Once affirmed the award can be collected through the legal procedures of each state.

The biggest problem that I see posted on SOT with respect to non payment is the abstractors' concern with the expense of litigating interstate claims. The costs and expenses of arbitration can be addressed and limited in the contract between the abstractor and his client. It can also provide for recovery of attorney's fees for the prevailing party. Normally the costs and expenses of arbitration are split between the claimant and the respondent. The prevailing party receives reimbursement for his end of the costs and expenses as part of the award.

I would have to take exception to your statement that a judgment will not get you the money. I have been enforcing them for 24 years. It is quite a shock when the marshal shows up at the defendant's door step to levy on his property, bank account or accounts receivable held by the defendant's clients. If you are not getting paid on a judgment...either the defendant has no assets , or you are not enforcing it properly.

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[+] Online Philadelphia County Search Needed - Jason Sheppard/PA (24 replies)
3/20/2008 5:08:55 PM (3381 views)

davila title/emd title - gina lamb/VA
3/20/2008 12:06:37 PM (2897 views)

[+] K.E.L. Title in FLA - . APS/NY (8 replies)
3/19/2008 9:56:15 PM (3435 views)

[+] Mortgage Information Services - Kristi Lee/NE (7 replies)
3/19/2008 6:46:01 PM (3765 views)




[+] Contemporary Realty Question... - Joyce/NM (7 replies)
3/19/2008 4:10:59 PM (3595 views)

[+] NCO Financial Systems Inc. - Dan Zook/NY (12 replies)
3/19/2008 12:33:13 PM (3955 views)

[+] Docs Plus - Joyce/NM (1 reply)
3/18/2008 3:55:29 PM (3297 views)

[+] Dept. of Justice Liens - Virginia Capps/TN (6 replies)
3/18/2008 2:24:54 PM (3731 views)

[+] Trident Title -Ohio - Rhonda Vaughn/MI (4 replies)
3/18/2008 11:06:02 AM (3479 views)

[+] Receivership...a possible new approach to dealing with delinquent clients - Kevin Ahern/CT (5 replies)
3/17/2008 6:49:26 AM (3111 views)

[+] ASA Real Estate - NO PAYERS! - Thomas W/FL (6 replies)
3/16/2008 12:21:36 AM (3287 views)

[+] Expanding abstract services to DNA - David Bloys/TX (4 replies)
3/14/2008 12:33:28 PM (3033 views)

[+] Great and fun names to search - Jay Duncan/MO (55 replies)
3/13/2008 4:42:49 PM (3496 views)

[+] Please Read This - . APS/NY (2 replies)
3/13/2008 1:36:21 PM (3370 views)


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