“It doesn’t take a lot to make me happy because I take pleasure from everything I do.”
Dr. Oz
Binding Mandatory Arbitration (BMA) clause.
Why Should You sign a contract that contains a Binding Mandatory Arbitration (BMA) clause.
If you do you Give Away Your Constitutional Rights?
You are stripped of your rights every time you sign any type of contract that contains a Binding Mandatory Arbitration (BMA) clause.
And you have already signed many contracts containing BMA clauses. Each time you signed, you gave away your constitutional right to use the American court system to solve a disagreement, no matter how important the disagreement.
What is BMA (Binding Mandatory Arbitration)?
When a corporation includes a BMA requirement in its contracts, it means your dispute must be decided by a private legal system. Because BMA clauses are “binding,” you must abide by the decision and have no right to appeal.
This private, for-profit system is a lawless system. The judges, called arbitrators, do not have to follow the law or even justify their decisions.
takes away your right to appeal a bad decision
normally costs much more than using the courts
prevents you from being part of most class action lawsuits
favors business rather than you
Without knowing it, you may have already signed dozens of these clauses. Theyre everywhere: health insurance contracts, telephone contracts, car contracts, rental clauses, babysitting clauses, credit cards, bank loans, nursing homes, summer camps, house repairsyou name it.
Virtually every major consumer group in America opposes Binding Mandatory Arbitration. See the groups and read many of their position papers.
What you can do. Take back your rights!
Do not sign a contract that contains a Binding Mandatory Arbitration
I have thought about that statement a lot. Could you possibly explain this to me??? There's gotta be a joke in there somewhere!! LOL!