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Auto Lemon Laws - About The Arbitration Process By Charles Essmeier, Tue Dec 6th Buying a new car is not something most people do withoutthought; it generally requires a large investment of time andmoney. We choose our purchase carefully, and we hope that itwill suit our needs, without too much trouble, for years tocome. Sometimes, however, things don’t work out that way. Everynow and again, some unlucky buyer will end up with a vehiclethat has a problem that simply cannot be repaired. These problemvehicles are universally known as “lemons.’ Every statehas a “lemon law”, which requires vehicle manufacturers toeither replace vehicles that are determined to be lemons with anew vehicle of comparable value or to refund the purchase price.The process for filing a claim under your state’s Lemon Lawvaries from state to state, but the process often results in alawsuit, which can drag out the process for both parties.arbitration. In many states, perhaps yours, arbitrationis a required component of filing a lemon law claim. How doesarbitration work?
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Xcel seeks max for renewable energyXcel Energy Inc. asked state regulators Monday to raise the amount of money it collects from customers to pay for renewable energy to the full 2 percent of the monthly bill allowed by state law. (XEL) Dow climbs 270 pointsThe major Wall Street indices all closed up more than 3 percent Tuesday. Ritter offers ideas for economic recoveryMoney for roads and bridge projects, new natural gas pipelines and power transmission lines in Colorado would be the best investment to stimulate the state’s economy and create thousands of new jobs, Gov. Bill Ritter said Tuesday. SEC names Hoerl regional directorDonald Hoerl will remain regional director of the Denver office of the Securities and Exchange Commission, but lose the “acting” part of his title. Startups: 10 percent of state businessesStartups accounted for nearly 10 percent of companies in Colorado in 2005, according to a first-ever look at business dynamics by the U.S. Census Bureau. Anschutz-owned D.C. paper to close plantThe Washington Examiner, a free newspaper in the nation’s capital owned by Philip Anschutz’s Clarity Media Group, is closing its printing plant and will reduce staff by 101. State in middle for fast Internet serviceColoradans are stuck squarely in the middle for speedy Internet service, according to an article published Tuesday on PCMag.com. Local outlook good for IT, financial workersDemand is expected to be strong in the first quarter for both IT and financial workers in Denver, according to separate survey results released Tuesday by Robert Half International. Eleven named to Ritter’s small biz panelColorado Gov. Bill Ritter has appointed 11 new members to his advisory council on small business. ProLogis closes $105.8M refinancingProLogis Inc. of Denver has closed on a $105.8 million refinancing of debt with a syndicate of four banks, the company said Monday. (PLD)
for arbitration; if not, you may contactyour state’s Attorney General’s office. Participation in thearbitration process, unlike a lawsuit, is often free; somestates charge a nominal fee to file for an arbitration hearing.It is usually not necessary to have an attorney for theprocedure, but you may hire one if you wish. There are manyattorneys who specialize in Lemon Law cases; if you feeluncomfortable handling your claim yourself you may wish toconsult with one. The process usually requires that themanufacturer be notified in writing of the dispute and that yourstate’s arbitration panel be notified. Each side in the disputepresents their case, either in writing or orally, and thearbitration panel usually comes to a decision within 60 days. Inmost states, the panel’s determination is binding on the part ofthe manufacturer; they must abide by the decision. The vehicleowner is usually not bound by the decision and remains free tosue should the panel rule in favor of the auto manufacturer.
About the author:©Copyright 2005 by Retro Marketing. Charles Essmeier is theowner of Retro Marketing. Retro Marketing, established in 1978,is a firm devoted to informational Websites, including http://www.LemonLawHelp.net/ and http://www.End-Your-Debt.com/ (Article continued below)
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