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#33 01-06-2009, 01:14 PM

I have read real trash on this blog. Most of the comments are coming from angry people that have put themselves in a situation where they don’t have any control of things.

Let me give you just one example. Arbitration is a process that was already agreed in advance by both parties. When you accept to use a credit card, for example, you already agree to be part of an arbitration process to resolve the matter and a letter will not stop the process.

NASCAR_Devil · #34 01-06-2009, 01:21 PM

First off this is not a Blog. This is a forum. Second, many accounts were astablished long before arbitration became the next greatest scam the CC companies could screw a consumer with. Arbitration is an attempt to strip away our rights to due process and simply because a CC company slips it into their TOS long after the account was established still does not mean that consumers have to agree with it.

#35 01-06-2009, 03:26 PM

Blog vs. Forum, serves for the same purpose... communication.

The Arbitration was created by a law firm in 1996, not by the credit cards. It started to be used by the cc's to obligate the users to use instead of the judicial litigation to resolve a dispute resolution. If a consumer/client does not accept it the cc companies will simply not issue the credit, as simple as that.

#36 01-10-2009, 02:21 PM

The majority of people in this situation chose not to be. Instead of declaring bankruptcy we are left with commercials,advertisements and email saying they can help you get out of debt by getting a low settlementt with these companies. You have to pay them a fee and they are telling you that is is better to wait until you are served or contacted by a collection agency because they deal with them all the time. I paid 4000 over six months and I settled several accounts on my own and they sent out cease and desist letters and then tried to claim they settled the accounts. I have written to the better business bureau which is what I would suggest befire dealing with any company. Mann Bracken is on the worst. They will not try to work with you but just threaten you,. I was told that they would offer me a 80% settlement and then copied someones else agreement to me with their settlement being 50%. I asked why the difference and she said it was none of my concern. It truly is not but i wonder how many people have received information about someone else's account including mine. As far as I am concerned i should just declare myself a bank and then I should receive a bailout as well with my taxpayer money. I have been working for 33 years and paid my taxes and more than happy to do so but these collection agencies go too far in harassing people and debt resolution companies are just aiding and abetting. If it were not for this forum many of us would not have any information that will help us.

ndmike25 · #37 01-10-2009, 02:27 PM

Amazed,
What junk debt buyer do you work for? lol
You don't know the difference between a blog and a forum, yet you obviously have access to the web? lol

#38 01-15-2009, 01:19 PM

I have told them I will speak no more to their callers, but just received the arbitration forms. I am on SSI and Social Security, unemployed and have no property to attach. Can they force me to appear in court?

#39 01-20-2009, 04:44 PM

are mb registered in michigan. if a settlement is made is chase then paid

mini261 · #40 01-24-2009, 09:02 PM

i have bean dealing with these scuzzy for yrs they are vicious ruthless, nothing is correct, c&d s letters do not help, if you catch them they flip you to someone you never heard of before in your credit report,summons i need a lawyer can not find one in Florida it sucks

#41 01-25-2009, 02:14 AM

Contact Frogpatch on this site, they are in Fla and have a very good atty that will sue for you.

#42 01-28-2009, 03:05 PM

I informed manna bracken that i was no longer working as i was on disability...so i agreed to 3 monthly payments and they said they would send me documentation to make further arrangements....they never did...then this weekend i called my bank to report that there have been fraudulent checks written to my checking account and they said that a sheriff's levy was placed on my account...called the sheriffs department and they said that mann bracken had sued me and got a court order ...took almost 1300 (almost all the money i had in my acct) from my bank account and will take any other money that i deposit in my acct. This was all the money i have to live off of because i am not working and employed. They did all of this without contacting me or even notifying me of any court case. Now I dont have any money and because its the end of the month...i will not have a place to live. :!:

#43 01-29-2009, 02:42 AM

Contact the county clerks office to see when a judgement was issued against you, also find out when and where you were served. If you weren't served properly, you can ask the court to vacate the judgement and have the bank return your money.

#44 01-29-2009, 09:03 AM

Here is what Mann bracken can do to you. I signed up with a debt consolidation company (Credit America, something like that). When they didn't make any payments to my creditors, but continued to take my money, my accounts were sent to Wolpoff and Abramson. I was threatened by them, harrassed by them, they even harrassed my parents. How they found them, I have no clue. After being harrassed too many times, I finally agreed to a payment plan with them. I paid them for about 6 months, on time, every month. One day in the mail, I got a notice of arbitration. Not knowing why, I called them and was told that it was an accident that I got it, but once the case is arbitration, they can't take it out (this is a total lie!!!). After being threatened again by W&A, I agreed to sign a stay of execution,(basically I had to put in writing that I paid them by a certain day every month, something I already did anyways). I paid W&A for 18 months. Then Mann Bracken bought them, and the process started all over again. I was getting harrassed again, I was told that the payments weren't getting made (which was another lie because I was doing EFT payments) and I had to pay the balance in full. If I had the money to pay the balance in full, I wouldn't have been in this mess. After 2 months of going back and forth, they offered me a settlement. So, I took money out of my IRA and paid them 70% of the balance. No one said anything to me about what happens to the money that I didn't pay, they were just saying thank you for paying and closing the accounts. The fact that I didn't pay the balance in full I have been told by Mann Bracken will be on my credit report for 7 years. Trust me, it doesn't end when you pay off the balance. Then last night, I got a 1099-C form in the mail saying that I had to add the balance of what I didn't pay to my total income from last year!! I am not even sure this is legal!! Does anybody know??? Mann Bracken will come after to you any way they can, legal or not..be careful before you agree to ANYTHING with them!! I would hate for someone to go thru what I thought I was done with!! :evil: :x

#45 02-02-2009, 11:37 AM

I HAVE TRIED TO CONTACT SEVERAL TIMES CONCERNING A credit card debt THEY MADE PAYMENT ARRANGEMENTS WITH ME. PAID THE AMOUNT FOR 2 MONTHS AND NOW RAISED THE PAYMENT SAYING IT WAS NOT ACCEPTABLE A COURT DATE HAS NOW BEEN SET FOR ME - I HAVE TRIED SO MANY TIMES TO CONACT MANN BRACKEN NO ONE CALLS ME BACK OR THEY HANG UP ON ME - GUESS I'LL JUST GO TO COURT

#46 02-07-2009, 10:33 AM

I'd tell them to go jump; a cease and desist letter is also in order. I had an encounter with those turkeys seven years ago; both debts to former MBNA were settled for a compromised amount yet one was forgiven. I wonder how I go about getting my money back from those turkeys?