H.R.991 - Consumer Fairness Act

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 (3)

All Bill Titles

  • Short: Consumer Fairness Act as introduced.
  • Short: Consumer Fairness Act of 2009 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
Signs
 

 
02/11/09
 
 
 
 
 
 
 

Latest Action Feb 11, 2009Referred to the House Committee on F... Related Bills (0) & Issues (6) Users Tracking H.R.991 (5)
2/11/2009--Introduced.Consumer Fairness Act of 2009 - 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 c

Official Summary

2/11/2009--Introduced.Consumer Fairness Act of 2009 - 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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02/25/10
US Arbitration and Mediation Legislative Update

HR 991 and Status. The Preserving Homes and Communities Act of 2009 would require certain mortgagees to make loan modifications, establish a grant program for state and local government mediation programs, and create databases on ...

Source: Disputing
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02/21/10
PointofLaw.com | PointOfLaw Forum: Trial Lawyers, Inc.: K Street ...

... H.R. 1728), for payday loans (The Payday Loan Reform Act, H.R. 1214), for tax-refund loans (The Taxpayer Abuse Prevention Act, S. 585), in consumer contracts (The Consumer Fairness Act, H.R. 991), and in all employer, franchise, ...

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02/10/10
Researching Trial Lawyers

The Consumer Fairness Act (HR 991) would make consumer-arbitration contracts unenforceable, [240] while the Arbitration Fairness Act (HR 1020, S. 931) would go even further and make unenforceable arbitration clauses in all employer, ...

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