Posted on 5/11/2018 2:19 PM By Amanda Narvaes
Thousands of college graduates—out of school for ten years or more—have recently been sued by a student loan company previously unknown to them. Most of these graduates are completely surprised when they are served with a collection lawsuit, when they truly thought all their loans had been paid off.
Some Loans Fall Through the Cracks
Why does this happen? These graduates erroneously believed that whatever money they borrowed for school was all rolled up into their consolidated repa ...
Posted on 2/1/2018 12:51 PM By Amanda Narvaes
Michigan’s no-fault automobile insurance system was designed in 1973 to guarantee a certain
level of benefits to persons injured in car accidents, ensure timely payment of those benefits, and
reduce administrative and legal costs.
Requirements for Auto Insurance
The no-fault system requires the insured to carry unlimited lifetime benefits for personal injury
protection (PIP). This includes unlimited medical and rehabilitation benefits, as well as wage
loss benefits for up to three ye ...
Posted on 11/14/2017 12:28 PM By Amanda Narvaes
In 2016, DCA published an article on arbitration clauses, which are found in almost every
modern contract. The use of such clauses increased dramatically after two Supreme Court
decisions, one in 2011, and another in 2013. Now, thanks to these rulings, businesses often force
customers and employees into arbitration through small, “fine print” contract clauses. These
clauses require contracting parties to resolve future disputes through a private process inste ...
Posted on 9/11/2017 1:23 PM By Amanda Narvaes
The Fair Credit Reporting Act (“FCRA”) is a federal law that regulates credit reporting agencies. The FCRA compels these agencies to ensure that their reporting results in a fair and accurate summary of a consumer's credit history and was authored to protect consumers from damaging misinformation.
Knowing Your Rights
Maintaining a strong credit history is key to obtaining competitive interest rates on auto loans, mortgages, and other consumer purchases. Negative information on a cr ...
Posted on 7/7/2017 1:02 PM By Amanda Narvaes
Arbitration clauses, which require parties to settle disputes through mediation (instead of through the courts) are common in many different types of contracts, including business
contracts. But what happens when one business sues another—despite the existence of an arbitration clause in their contract? Whether that lawsuit survives often depends upon how the
defendant responds to the complaint.
Imagine that two businesses agreed to settle all contract-related disputes through arbitrati ...