I would like to know the answer too. Anyone here know what is the right answer. I'll do some research and get back to you if I bump into an anything. You should email the people at Lending Tree as they probably could assist you..

Tac,.

I was just asking because a bottom feeder bought my account. It's past the SOL anyway. I'm wondering if that arbitration thing applied to me. I never got any insert or signed anything. The DOLA was in late 99..

According to LizardKing's post, this agreement was dated in March of 2001 so I don't think I should sweat the issue...

One thing most people are forgetting is that arbitration is not the end of the road. The arbitration award still has to be reduced to a judgment and that is their Achilles heel...

I remember reading that also. It come out in the Spring of 2002(I'm almost positive), but the exact date is hazy........

Hope this helps!..

Bill,.

Really, how hard do you think it would be for them to sue and get a judgement based on that, meaning arbitrator's decision? Especially since in any contract I read it said it was binding..

Not too much work if you ask me and they really want their money!.

Tac..

Well, I have to agree with that. Not hard at all..

Now then, since a judgment that was obtained without a competent witness to personally testify that he had first hand knowledge of the debt present in the courtroom when the judgment was granted how hard do you think it would be to have it vacated as a void judgment?.

Rendition of default judgment requires production of proof as to amount of unliquidated damages. and when the face of the judgment roll shows judgment on pleadings without evidence as to amount of unliquidated damages then judgment is void..

Reed v. Scott, Okla., 820 P.2d 445, 20 A.L..R. 5th 913 (1991).

So now then, what is that judgment going to be worth? Nada? Zip? Zilch? Zero? Nothing?..

Bill,.

I see what you are saying now. Good info, I'll save your post for future reference..

Tac..