CHASE closed ALL accounts!!!!!!!

[AJK]

What is the cost to sue vs arbitration?

Not sure what you mean by "cost," but commencing the former will in nearly every instance cost less than the latter, barring some provision in the arb agreement that allocates the entire cost to one party.

[AJK]

Yep. I posted that without entertaining the idea of it being binding.
Congrats btw.

"binding" has nothing to do it. I'm not aware of any arbitration that is NOT binding.

[CountValentine]

Not sure what you mean by "cost,"

Will it cost me more to sue Chase or take them to arbitration?

[davidrotts63]

"binding" has nothing to do it. I'm not aware of any arbitration that is NOT binding.

I was using logic, not facts, just trying to figure this one out. Google indicates there is a concept of a non-binding arbitration.

[yitzgar]

So what's the simple psak?

[davidrotts63]

So what's the simple psak?

Ah yes, it's a simple one, we're just having fun here.

[AJK]

Will it cost me more to sue Chase or take them to arbitration?

I already answered that question, in the very post you quote (but oddly only partially).

[AJK]

So what's the simple psak?

Simply put: opting out only gives one MORE options.

[CountValentine]

I already answered that question, in the very post you quote (but oddly only partially).

So what does Chase Arb agreement say. Who pays what? In most Arb agreements against CC companies who foots most if not all of the bill?

[AJK]

So what does Chase Arb agreement say. Who pays what? In most Arb agreements against CC companies who foots most if not all of the bill?

Let me approach this in the manner of which you seem to be so fond, i.e., asking question after question, but with intent to make a statement:

What is the cost to commence a small claims suit? a federal court suit? a suit in NY Supreme? How much money do you think you're saving here?

[CountValentine]

Let me approach this in the manner of which you seem to be so fond, i.e., asking question after question, but with intent to make a statement:

What is the cost to commence a small claims suit? a federal court suit? a suit in NY Supreme? How much money do you think you're saving here?

I was under the impression that filing suit (state/federal) would cost way more than arbitration. I am trying to find Chases arb agreement. If someone has a link please post.

You disputed the reasons I gave about upper hand. I thought it would be good to tackle them one by one.

[AJK]

I was under the impression that filing suit (state/federal) would cost way more than arbitration. I am trying to find Chases arb agreement. If someone has a link please post.

You disputed the reasons I gave about upper hand. I thought it would be good to tackle them one by one.

I guess if you assume the Chase arb agreement allocates $0 of the cost to the card holder AND you consider $20 (small claims up to $5K), $210 (NY Supreme, unlimited), $400 (federal, unlimited), then it does cost "way more."  I personally would not agree with that characterization, especially given the benefits to suing in court.

[CountValentine]

I guess if you assume the Chase arb agreement allocates $0 of the cost to the card holder AND you consider $20 (small claims up to $5K), $210 (NY Supreme, unlimited), $400 (federal, unlimited), then it does cost "way more."  I personally would not agree with that characterization, especially given the benefits to suing in court.

Where do I find a lawyer to file suit and fight against Chase in federal court for $400?

[AJK]

Where do I find a lawyer to file suit and fight against Chase in federal court for $400?

I guess the same lawyer you were going to have file an arbitration claim and fight chase in arbitration?

[CountValentine]

I guess the same lawyer you were going to have file an arbitration claim and fight chase in arbitration?

Nope, big bucks for federal and ZERO for arbitration. Now that is settled you want to move on to discovery?