Complaint / review text:
On 09/06/2005, I received a notice from the National Arbitration Forum that NCO finacial (MNBA collector) had filed a complaint for $26,989.09 for credit card debt.
I did owe the debt, so contacted NCO finacial and agreed to a "Settlement in Full" in the amount of $8000.00.
I purchased a cashiers check and sent to NCO finacial for the full amount of the settlement.
I answered the National Arbitraion Forum within the 30 day alotted time frame stating the acount had been settled and provided them with a "copy" of the settlement letter from NCO Financial and a "copy" of the cashiers check stating "Settlement in Full"
Even with Proof that the account had been settled, the National
Arbitraion awarded NCO finacial $26.989.09 in a letter I
received on 12/23/06.
They couldn't have even reviewed the case to come to this conclusion as they would have seen the acount had been settled and this should have been an easy dismissal.
They are one-sided and even with proof you are in the right, you can't win with the National Arbitraion Forum.