Wednesday, June 1, 2022

Forms of Alternative Dispute Resolution

Do you want to avoid filing a formal lawsuit?

Two people shaking hands | Collection companies Michigan

Alternative dispute resolution (ADR) is likely the best option for you. ADR comes in many forms. The two primary forms are:

  • Mediation – A mediator helps the parties achieve a mutually agreeable resolution of their dispute.
  • Arbitration – An arbitrator (or panel of arbitrators) reviews evidence, listens to the parties argue their case, and then issues a ruling deciding the dispute.

You may also choose a hybrid form of ADR, moving from mediation into arbitration: First, you mediate your claims until you reach an impasse. Then all remaining issues are decided by arbitration.

Learn more about the potential results of ADR.

Experienced Collection Companies in Birmingham, Michigan

Need additional assistance with your claim?

If you’re a business owner, you should be spending your time conducting business rather than chasing down debts. Contact one of the most experienced collection companies in Michigan today at (248) 645-2440 for an immediate resolution to your collection matters. Let the experts worry about your collections, so you have more time to focus on growing your business.

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