Arbitration For Credit Card Debt In King
Category:
State:
Multi-State
County:
King
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement outlines the terms for resolving disputes related to the sale, purchase, and occupancy of a manufactured home through binding arbitration. This form is essential for users involved in credit card debt matters in King, particularly given its compliance with the Federal Arbitration Act. Key features include the ability to initiate arbitration through written notice, the stipulation for disputes under $20,000 to be heard by a single arbitrator, and those exceeding this amount to be resolved by a panel of three arbitrators. The form ensures that all claims pertaining to the contract or negotiations surrounding the home purchase are governed by arbitration rules set by the American Arbitration Association. It's notable that this agreement waives the right to a jury trial, emphasizing the arbitration process over traditional court proceedings. The outlined filling and editing instructions require users to complete their information accurately, including signatures from all parties involved. This form is particularly useful for attorneys, legal assistants, and paralegals managing disputes related to consumer financing and organized debt recovery. It helps facilitate quicker resolutions compared to court trials, making it highly relevant for partners and owners managing legal disputes in this context.
Free preview
