H.R.1443 - Consumer Fairness Act of 2007

To treat arbitration clauses which are unilaterally imposed on consumers as an unfair and deceptive trade practice and prohibit their use in consumer transactions, and for other purposes. view all titles (2)

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  • Short: Consumer Fairness Act of 2007 as introduced.
  • Official: To treat arbitration clauses which are unilaterally imposed on consumers as an unfair and deceptive trade practice and prohibit their use in consumer transactions, and for other purposes. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
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03/09/07
 
 
 
 
 
 
 

Latest Action Mar 09, 2007Referred to the House Committee on F... Related Bills (0) & Issues (7)
3/9/2007--Introduced.Consumer Fairness Act of 2007 - Amends the Consumer Credit Protection Act to treat as an unfair and deceptive trade act or practice under federal or state law any written provision in a consumer transaction or contract which requires binding arbitration to resolve a co
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Official Summary

3/9/2007--Introduced.
Consumer Fairness Act of 2007 - Amends the Consumer Credit Protection Act to treat as an unfair and deceptive trade act or practice under federal or state law any written provision in a consumer transaction or contract which requires binding arbitration to resolve a controversy arising out of or related to the transaction or contract, or the failure to perform any part. Declares such a provision unenforceable. Permits a written agreement to determine an existing controversy by binding arbitration if the parties agree after the controversy has arisen.


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Recent Blog Coverage

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10/04/08
Calvert Refuses to Debate Hedrick - Public Deserves to Hear ...

Four years later, in 2003, Calvert authored the Access to Affordable Mortgages Act (HR 1443). At that time he stated, “In order to promote homeownership we need to give lenders and consumers incentive to enter into mortgage agreements ...

Source: HedrickforCongress.com | News
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09/28/08
Financial rescue vote a tough one, Calvert says - Total Buzz ...

Or mentioning that he authored the “Access to Affordable Mortgages Act (HR 1443) in 2003, where he said, “In order to promote home ownership we need to give lenders and consumers incentive to enter into mortgage agreements by giving ...

Source: Total Buzz
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04/07/08
The Arbitration Fairness Act of 2007 Considered by Congress ...

There are two bills that have been introduced in the House relating to Binding Arbitration and the Federal Arbitration Act (FAA): HR 1443 (Consumer Fairness Act of 2007) and HR 1519 (American Homebuyers Protection Act). ...

Source: West Virginia Personal Injury Lawyer
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