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Mandatory binding arbitration was not a direct factor in our inability to recovery compensation for our losses due to builder defects. I thought I was just on the sidelines on this issue, but recalled something.

My bank and my auto insurance company were successfully sued in class action suits for unfair and abusive business/billing practices. I recall the notice letters to join the suits.

I also recall that after they lost, the companies sent out new customer agreement terms, and added mandatory binding arbitration to their new (so called) customer agreements. Initially to my surprise, the companies continued the same abusive practices there after, that I thought would finally stop after legal action made them pay back what they stole, minus attorney fees of course.

I didn’t put it together that the MBA clause was their freedom to break the law clause, and thus they continued doing what a judge said was illegal in court. I just didn't know what the term "arbitration" really meant in a forced contract.

Certain large entities routinely rip-off people in amounts that are relatively small to the individual, in that you wouldn’t hire a lawyer as that often costs more than what they stole. The inability to file class action suits on them through the MBA they forced on their customers has effectively insulated liabilty from unfair business practices, which would be the only feasible recourse to affectively protect consumer rights. So I actually have at least two MBA stories-to add to the millions of others.

Oh, of course I did the take action thing on the right of the screen. Surely all have who come here. If there was more...