debt recovery

The Importance of Honesty in Online Arbitration

The importance of honesty in online arbitration is crucial. Lying can lead to unfavorable consequences that harm your case, credibility, and reputation.  Online arbitration is a cost-effective way to resolve disputes promptly without needing a court trial. Lying can have negative consequences,  damage relationships, and erode trust, and the same holds for the arbitration process. …

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Financial Disputes – Alternatives to court action

Financial disputes are complex, time-consuming and costly to resolve through traditional litigation, but there are alternatives to court action. The Covid Pandemic was the straw that broke the camel’s back in the civil court system, already beset by delays, working with an archaic system that compounded issues further. The district courts still trundle along, but …

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arbitration clauses for contractors

Arbitration clauses for Contractors – How to settle disputes easily

Arbitration clauses for Contractors may not sound like a match made in heaven, but the truth is that these contract agreements make life much easier in the event of disputes. Contracting is a trade fraught with difficulties when it comes to disputes arising during handover to your client. As a Contractor, you will know that …

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Arbitration clauses for landscapers – Protect your trading contracts

Arbitration clauses for landscapers will help ensure that your trading agreements are protected and an even better way to ensure that you are paid for your work. Landscaping is a trade that can often give rise to disputes. You may find a diseased tree that keels over, or neighbours may claim that their property has …

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factoring

Factoring and online arbitration – A perfect fit for debt recovery

Factoring and online arbitration work extremely well together and together provide the foundation for success in resolving disputes and recovering debt. Factoring – also known as receivables factoring or debtor financing – is an industry that is crucial in helping businesses manage their cash flow.  It entails lending money and collateralizing the borrower’s debt or …

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man thinking that online arbitration is cheaper with a backround of dollar signs

Online arbitration is cheaper than traditional arbitration

Online arbitration is cheaper and quicker than traditional arbitration, and this is backed up by facts. Brief’s online platform turns an arbitration claim around in 45 days, compared to 410 days with brick and mortar arbitration.  It is also up to 80 percent cheaper and a run-of-the-mill claim should cost you no more than $1,700. …

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How many claims are arbitrated annually in the US?

A total of nearly 10,000 arbitration cases were filed in the US in 2020 with $18,011,977,599 (that’s right over $18 billion!) in claims arbitrated. But arbitration is only for big businesses with big wallets right? No, not anymore. Brief’s groundbreaking platform has broken the mold, resolving cases within 45 days or less, starting at $600.  …

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man signing a contract wit ha pen

Avoid the trap of “Cut & Paste” contracts as the fine print costs you

What is the real purpose of contracts?  Anyone can shake hands to make a deal, so why write it down?    Because a contract explains the rules of what happens when an agreement doesn’t go as planned.    That “boilerplate” language that everyone glosses over, all of sudden becomes your “guidebook” as to how to proceed. …

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