Contract Breachers Reporting Bureau (CBRB™)
Suspended Till Further Notice!
Contract Breachers Reporting Bureau is used as an online debt default reporting forum, by people who loaned money to friends, family members, or loved ones through Favorfloat. While providing such a reporting tool as an incentive for borrowers to pay back their loans is perfectly legal, effective, and justified, such reports do harm people, especially if the defaulted borrower is looking for a job. Employers do online research to see what they can find about potential employees. Employers are not likely to hire people who show ingratitude to those that have helped them. Providing a service that may lend additional hardship to people regardless how justified the circumstances are, goes against the mission of Favorfloat Corporation, “To deliver financial services and products in a manner that reminds people each time they use Favorfloat products or services, that there is hope in the boardrooms of businesses where organizational strategy is created that puts dignity, love, honesty, respect for humanity and for the environment above profits.” To this end, Contract Breachers Reporting Bureau has been suspended till further notice.
People loaning money to their friends, family members, and loved ones through Favorfloat may seek redress against defaulted borrowers by using their ironclad loan agreement generated through Favorfloat to seek judgment and wage garnishment against defaulted borrowers. A list concerning small claims courts in the United States are listed below. International users of Favorfloat may contact the judicial authorities in their location for available legal debt default remedies in their communities.
|California||$10,000, (except that a plaintiff may not file a claim over $2,500 more than twice a year. Limit for local public entity or for businesses is $5,000. $6,500 is the limit in suits by an individual against a guarantor that charges for its guarantor or surety services.)|
|Connecticut||$5,000, (except in landlord-tenant security deposit claims.)|
|District of Columbia||$5,000|
|Georgia||$15,000, (no limit in eviction cases.)|
|Hawaii||$5,000, (no limit in landlord-tenant residential security deposit cases. For return of leased or rented personal property, the property must not be worth more than $5,000.)|
|Indiana||$6,000, ($8,000 in Marion County)|
|Louisiana||$5,000 (city court); $5,000 (justice of the peace, but no limit on eviction cases.)|
|Massachusetts||$7,000, (no limit for property damage caused by motor vehicle.)|
|Minnesota||$15,000, ($4,000 for claims involving consumer credit transactions, $15,000 for claims involving money or personal property subject to criminal forfeiture.)|
|Nebraska||$3,600 from July 1, 2015 through June 30, 2020 (adjusted every five years based on the Consumer Price Index.)|
|New Jersey||$3,000, ($5,000 for claims relating to security deposits; certain landlord-tenant suits cannot be brought.)|
|New York||$5,000, ($3,000 in town and village courts.)|
|Tennessee||$25,000, (no limit in eviction suits or suits to recover personal property)|
|Wisconsin||$10,000, (no limit in eviction suits.)|
CBRB™ Success Rate
- Tennessee $25,00
- Delaware $15,00
- Minnesota $15,00
- Pennsylvania $12,00