We’ve discussed alternative dispute resolution, where people who are entangled in a court battle agree that they can resolve this outside of a lengthy, messy court proceeding. But not all forms of alternative dispute resolution are accomplished through mediation. This is why we’re discussing arbitration. There’s even one very famous arbitrator you’ve very likely heard…
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Custody agreements are a great example of a dispute that cannot be resolved, but that you want to avoid the hassle of taking the other party to court over. Custody is also a great example that falls under the umbrella of alternative dispute resolution. For many people, alternative dispute resolution is the perfect choice for…
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Just like in a trial, each side delivers opening statements. Then they present evidence. Unlike a formal court hearing, arbitration takes less time and tends to cost less money. Factors that streamline the process, the American Bar Association tells us, are that parties are not required to follow the same state or federal laws when…
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I’m nervous about having to declare bankruptcy or collect unemployment benefits. We know that the COVID-19 pandemic still presents a serious financial hardship for many people. Although we’ve covered some of the benefits available to your family during this time, navigating them can be complicated. For example, bankruptcy and unemployment benefits are two financial mechanisms…
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What Does the Small Business Restructuring Act Mean for My Business? Is Chapter 11 Still the Right Choice? If your small business has faced serious challenges in 2020, you’re certainly not alone. Polling data collected by the United States Chamber of Commerce indicates that over 40% of the 30 million small businesses in the U.S….
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