Jean R. Sternlight of the University of Nevada, Las Vegas has written Hurrah for the Consumer Financial Protection Bureau: Consumer Arbitration As a Poster Child for Regulation, 48 St. Mary's Law Journal 343 (2016). Here is the abstract:
Drawing on economic, psychological and philosophical considerations, this Essay considers whether consumers should be "free" to "agree" to contractually trade their opportunity to litigate in a class action for the opportunity to bring an arbitration claim against a company. The Essay suggests that by looking at the CFPB's regulation through these three lenses, one sees that the regulation is desirable—even a poster child—for the potential value of regulation when market forces are not sufficient to protect individual or public interests.
Class action attorneys may see some relief for potential financial gain by allowing litigation against violators of the law. Unfortunately, many consumer attorneys are NOT committed defending against corporate & judicial corruption onslaught occurring nationally.
Any Individual defending pro se against corporate attorneys using fraud by way of false affidavits and untrue accounting face a completely biased and prejudice judiciary.
The future looks very grim for most victims of “Junk Debt Buyer” fraud and harassment.