Banks, insurance companies and others often include arbitration clauses in their contracts; in signing the contract the consumer agrees to the terms of arbitration as stated - there is no other choice, and often, there is no appeal. This is patently unjust. If one or both parties are unwilling to accept the decision of the arbitrators, they may appeal to the appropriate court. In order to motivate the parties to accept the arbitrators' decision or recommendations, the filing fee to appeal the matter should be raised to $500 (each party).
Published by Susan Rand
I am a widow with three grown children. I spend my time writing, teaching, editing, mentoring and responding to questions at allexperts.com (1950 so far). At the moment I am writing web content and mentoring. View profile
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