Here is how this con works:
You receive a notice from (partner #1) MBNA Bank AFTER you have been using their card for a while stating that all future use mandate that you can no longer take ANY legal actions against them and that ALL disputes must be settled by binding arbitration. If you fail to notify them within fifteen days, or use their card again after the notice, you are under the arbitration clause.
Then (partner #2) Wolpoff & Abramson who will file phony legal documents, commit perjury, lie and fail to respond to any requests for validation send it over to (partner #3) The National Arbitration Forum (NAF) who will dutifully earn their $250/per hour fee by ruling against you in 99.9% of ALL cases.
Arbitration was devised as a method of denying you your legal rights under the constitution. The politicians were amply rewarded for making it law and you must suffer the consequences of it through sponsors (partners) such as MBNA, one of the KING's in greasing palms in DC.
Wolpoff & Abramson jumped on the GOLD-wagon to reap the profits of making a fast buck at your expense. It is cheaper, faster and so one sided, that you do not have even a small chance of EVER winning. Arbitration is BIG business, by the industry, at your expense.
W&A files ALL of their claims with the National Arbitration Forum (NAF) in Minneapolis, MN. NAF receives ALL of their money from those filings claims, they have ONLY one office, and the ONLY participation you get is to bend over so they can INSERT their award on behalf of THEIR clients. (No offense to Mr. Dover).
W&A has set-up an assembly line in their TOXIC-WASTE office to 'ram-rod' consumers with threats and notices they do not understand and cannot afford to defend. I think their award rate is 100% to date, which should surprise no one.
Once awarded, the production line at W&A attempts to place the awards with local counsel for filing in your area as a judgment.
Need assistance with an arbitration notice? Get in touch with me.
This matter is being closely watched and scrutinized by consumer law professionals. W&A WILL screw up at some point, look what greed has done to Enron, World Comm, and Martha Stewart. It is just a matter of time until they get theirs in a courtroom so wait them out.
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