One of the likely unforeseen challenges of owning a business is the need for a form agreement between you and your customers. Do you hire a lawyer? Do you find one on the internet? Do you buy a premade form? The answer depends on your needs and your pocketbook. But, there are some things …
I’ve got a Form Agreement and I need to update it. Where Do I Start? Read More »
Business owners often find that their cash flow becomes threatened when clients and customers default on payments and leave them with bad debt. There are ways to avoid this happening, and thankfully, arbitration clauses will allow you to claim your money without the expense and huge waste of time involved in filing a lawsuit in …
Protect your business from bad debt with an arbitration clause Read More »
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 …
Factoring and online arbitration – A perfect fit for debt recovery Read More »
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. …
Online arbitration is cheaper than traditional arbitration Read More »
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. …
How many claims are arbitrated annually in the US? Read More »
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. …
Avoid the trap of “Cut & Paste” contracts as the fine print costs you Read More »
If a judgment is issued against you over a debt claim, your life can be impacted substantially because what was an uncollectable amount of money suddenly becomes a collectible amount of money, often with interest and attorney fees on top. In the past, judgments were only issued by the courts after a debt collection lawsuit …
What happens if a judgment is issued against you? Read More »
If agreed to by the parties in their underlying agreement, Arbitration Awards are legally binding, meaning that if one is issued against you, it is legally recognized and may be reduced to an enforceable judgment by the courts. Arbitration is a process that has been recognized as an alternative to litigation because it is typically …
Can attorneys use Brief? Absolutely… just imagine a world where you, an attorney, do not have to go through the messy civil law court system to file a debt claim on behalf of your clients. In COVID times, the law courts are at a complete standstill, and the backlog of cases is getting bigger. Budget …
Can attorneys use Brief’s online dispute resolution platform to file a debt claim? Read More »
The Covid-19 Pandemic has been raging for 18 months now and while vaccination rollouts are bringing some semblance of normality back, it is clear that people are turning to online solutions in ever increasing numbers. J.P Morgan and other analyst firms have published studies which show that amongst other activities, people are increasingly shopping, seeking …
Online Dispute Resolution Services in a post Covid world Read More »
