 Posted: Wed Oct 04, 2006 10:40 am Subject: |
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| Quote: | | Arbitration is the reference of a dispute to one or more independent third person(s) who act(s) as judge and jury. In advance of the arbitration, the parties agree to be bound by the arbitrator's decision. Cases that are arbitrated are generally resolved faster than conventional lawsuits because there is less bureaucracy and court congestion is not a problem. In an arbitration, witnesses are placed under oath and written evidence is submitted, but the technical rules of procedure followed by a court do not apply. |
This is a complete legal issue. Take the advice of your lawyer before you decide anything. He has to understand your situation carefully and show you the way.
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GunsNroses
Debt Samaritan
Joined: 08 Jun 2006
Posts: 494
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