Subjects>Math>Math & Arithmetic

What is arbirtration?

Anonymous

∙ 14y ago

Updated: 9/20/2023

It's like when two kids are fighting over something and they won't share. Neither of them budge, they both want it. Mom steps in and hears both kids sides of the story and then tells them how it is going to be whether they like it or not.

Both kids have to live with what she says.

Wiki User

∙ 14y ago

What else can I help you with?

Continue Learning about Math & Arithmetic

What happens when you don't pay a collection agency?

If the person has made an agreement to render payment and then defaults, the agency will probably initiate legal proceedings. The majority of CA's are not attorney's and therefore cannot themselves enter into litigation. They usually refer the account to a collection attorney who will then file a lawsuit against the debtor. The lawsuit must be filed in the debtor's state of residency and the state statutes will apply to all legal procedures. There are however collection agencies/law firms who now have the ability to file for arbirtration, the debtor/consumer should be very cautious in either case and if possible seek legal counsel. If the agency feels the debtor is "judgment proof" they may return the account to the original creditor who will then decide to resubmit for collection or close the account as uncollectible debt. macky83@juno.com

Trending Questions

What is a good website to learn time tables? How do you plot the coordinate 5.5? What is a statement that two quantities are equal? How many feet is 2917 meters? What is the speed of a ball that travels 5 meters in 2 seconds? What does one eighth divide by 2 equal? What are some examples of items 1cm? What is the divisor of 82 divided by 7? What is the suffix for shape? How many minutes are in one tenth of an hour? What is the relationship between the values m ad n plotted on the number line below? What did people do for a living in 1750? What is linear polyphony? What is 8.5 in hours and minutes? Why do you find dimes in your path frequently? What number raised to the third power is 64? What is the meaning of the name Trixy? What calendar is 1983 the same as? How do you find perimeter of a triangle if length of one side is not known? Which book in the Bible mention the word heart the most?

Resources

Top Categories

Product

Company

Copyright ©2026 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.