Short answer
Midland Funding LLC buys defaulted credit card debt and Midland Credit Management collects it. Both are part of Encore Capital Group. The cheapest time to resolve one of these accounts is early, before it reaches a collection attorney, and acting early can keep the account off your credit reports altogether.
Key points on this page
- Midland Funding is the debt buying arm. Midland Credit Management (MCM) is the collection agency. Same owner, different jobs.
- Resolve the account soon after Midland buys it and they may not report it to the credit bureaus at all. This offer is real, and few other collectors make it.
- Midland removes its credit reporting once you pay or settle. Deletion has been seen to take up to 60 days.
- A “Pre-Legal Notification” letter is not an empty threat. It means your file has been selected for collection attorney placement, and you still have time to settle before that happens.
- Settling after a collection attorney has the account commonly costs 20 to 40 percent more than settling before it goes to court.
- Sending a debt validation letter is your right, but it is counterproductive when you already know the debt is yours and your goal is the lowest possible settlement.
I recently spoke with a woman who had just been sued by Midland Funding LLC for a debt they bought from Citi bank. The amount she is being sued for is a few thousand dollars. She is being sued by a debt collection attorney in her state after collection attempts were first made by Midland Credit Management (MCM). Both Midland Funding and MCM are part of Encore Capital Group, which is one of few publicly traded debt buying companies in America, and one of the largest in the world.
I want to share the facts of her situation because they may help if you are getting collection notices and phone calls from Midland Credit Management, or if you are being sued by Midland Funding. Many of you reading this can prevent escalated collections from Midland in the courts, and anyone already in the courts will want to know how best to navigate things from here.
There will be many a reader just looking for why Midland Funding is appearing on your credit reports. Once you know why Midland is on your credit, many of you will want to know some things you can do to improve your credit.
Be certain to read the updates regarding Midland Funding on your credit reports that I posted at the end of the article. They have set themselves apart from any other debt collection company in the country by developing a consumer friendly credit reporting policy.
Credit card bills that go unpaid are packaged up in large bundles and sold off to bad debt investors in the normal course of lending. A portfolio of debt being bought by companies like Midland Funding could include your account, and thousands of other unpaid credit card bills.
Having your credit card debt bought by a debt buyer like Midland Funding is not unusual. And depending on how the debt collection and debt buying landscape changes in the next year or three, it could become even more common than we see today.
Midland Funding LLC and Midland Credit Management are Different
While Midland Credit and Midland Funding LLC share the same ownership under Encore Capital, each company does something different, and those differences matter to you. Midland Funding is the debt purchasing arm, while MCM will be recognized as the active debt collection agency, similar to how you would view any other debt collector.
Midland Credit Management sent a debt collection letter to the woman I reference above. Receiving a debt collection letter from a collection company you don’t immediately recognize is a normal occurrence. Collection agency letters and phone calls are the 2 primary ways a debt buyer, or the debt collectors they hire, will try to get you to pay.
You have options for handling the collection efforts from Midland Credit. If you are in a position to work out a settlement for less than what is owed on the now purchased account, doing so after the first phone call or collection letter you receive, is something to consider.
Understand that making arrangements to pay a debt buyer the full amount for a debt they bought is not going to go to your original creditor. The debt buyer is not a lender, but an investor. They are risking money to buy up bad debt to turn a profit.
Midland Funding is willing to accept less than the face value of your debt through its debt collection arm Midland Credit Management. How much less will vary. You are welcome to call me at 800-939-8357, ext 2, in order to get help settling with them.
Midland Funding generally shows up on your credit reports. Once on them, you cannot pay Midland to delete the derogatory in the first 2 years they have your account. You can negotiate a lower payoff and Midland Funding will update your credit reports to show the account is resolved and a zero balance owed. This will help you get a home loan through, and benefit you in other ways too.
There is a delay between Midland Funding buying your debt, and them reporting to the credit bureaus. Midland Credit Management will often start off the collection process by sending you a collection notice, or make collection phone calls that you may pick up. In the letter or phone call Midland may offer you the opportunity to settle or set up payments on your account in order to prevent the credit reporting of the collection account from occurring at all. As of the most recent update to this article, you have three months from the date they get your account to take advantage of this offer. If you can afford the money to settle, or set up payments you are confident you can pay each month, there are immediate and long term benefits to doing this. It is not a trick, they actually do this, and may be the only debt collectors making this type of offer.
If you want to settle with Midland Credit Management for less than the balance owed; can afford 50%; and sometimes spread out over 24 months; click the get debt help tab at the top of this page and create your user profile.
You can get help settling with MCM and have a deal done within days (as long as MCM has not already sent your account to a collection law firm). The Network I helped build has many negotiators, and we all charge 15% of savings. No savings, no fee.
Debt Validation Request Letter Sent to Midland Credit Management
The woman I refer to in this article sent Midland Credit a validation request in response to a collection letter MCM sent her. Sending a debt validation letter to a debt collector is your right. If for any reason you question the nature of the debt being collected, requesting validation from a collection agency or debt buyer will accomplish a couple of things:
- Triggers an obligation under federal law on the part of the debt collector.
- A written response from the debt buyer should include the original creditor, the amount owed, and these days, we are seeing some form of documentation to back up their claim (not simply a reference to their own spread sheet of debts they purchased).
- Debt buyers and debt collectors do not always respond to your request for validation, but the response is often sufficient to meet the standard that would allow them to continue to collect (the federal debt validation standard is low enough to trip over, your state law standard may be a little tougher).
- Debt buyers may never respond to a debt validation letter. The account may end up with a different collection agency, or sold off to a different debt buyer (Midland has not been much of a debt reseller of late).
Midland Credit Management did not respond to her validation request to her knowledge.
It is not uncommon for a debt buyer to ignore a validation request. The reason validation of debt requests are ignored by Midland Credit Management, and other debt collectors and debt buyers, is that sometimes no meaningful information was included when the debt was purchased. There are sometimes options to acquire detailed information from the original creditor at an additional cost, but that is not always the case. And you may not appear all that collectable to a debt collector, and they just may not bother if they see a low probability that you will pay anything.
When debt validation requests are ignored, Midland Funding may still send your account to a collection attorney.
Many years ago, I came to the conclusion that sending debt validation requests to a debt collector like Midland Funding, when you already recognize the debt as yours, and your goal is to resolve the debt by settling with the collector for the lowest amount possible, is counterproductive.
Midland Credit Management Sues in Order to Collect
The woman who inspired this post next received a collection letter from a well known and very active debt collection law firm in her state. She sent a new validation request to the attorney debt collector hired by Midland Funding. The collection attorney responded to the validation request with some basic information about the original account including monthly billing statements from Citibank. Shortly after receiving the debt validation response in the mail from the Midland Funding attorney she was served with a lawsuit.
Debt buyers will target accounts they buy for aggressive collection. Midland Funding is part of the largest debt buying collection brand in the nation. Lawsuits to collect can play a big part in how a debt buyer like Midland Funding will look to turn a profit on their investment in defaulted credit card debts.
The debtor, in this case, shared with me that she knew the sister of the process server that showed up at her door to serve the lawsuit. With that connection, a friendly enough conversation took place. The process server shared the fact that she had a list of Midland Funding lawsuits to serve… about two hundred of them. She lives in a county with a small population. Two hundred or so lawsuits on debts bought by Midland Funding is not unremarkable given the amount of people there are in the area.
Midland Credit Pre-Legal Notification Letter
Update February 2023: Like many creditors, Midland Credit will often send a letter telling you of their intent to escalate collections by taking you to court. These mailed notices will typically include the words “Pre-Legal Notification” in larger and bolder letters.
A Pre-Legal notice from Midland Credit should generally not be construed as an empty threat, or just a collection tactic. They are telling you that your file has been selected for collection attorney placement, which is the precursor to a lawsuit being filed to collect. And you can prevent this.
Always open your mail from Midland Credit. If you see a pre legal notice, you typically have time to negotiate a settlement with them for a much better savings than when it goes to the attorney. The main reason I am posting this 2023 update is that I am seeing Midland send out their first collection notice, that they then follow up by sending a pre-legal notice only a few weeks later. There is often more time between their first collection notice and the legal placement letter. But they are accelerating collections with many accounts. And because they give you a timeline to resolve the debt before they take that step, your next move is important if you intend to try to settle the account
Go here to schedule a call with me to talk about settling with Midland. I can often get these accounts settled for fifty percent of the balance or lower, and the settlements can often be paid over a couple years if you need time.
I can help you settle once the account goes legal too, but the deals after attorneys get your account, or an action has been filed in the courts, are not as good, and the process is much more formal.
What to Do About Midland Funding LLC Collecting Your Debt
If you are contacted by Midland funding LLC, or by Midland Credit Management, or some other Encore debt collection brand (Atlantic Credit and Finance, Asset Acceptance), consider the following:
- Are you able to come up with a plan to resolve the debt for half of what is owed? If you can afford to settle with MCM or Midland Funding you can contact them and work toward getting a deal negotiated, a written agreement on the collectors letter head outlining the terms, and pay it off. While it is recommended to negotiate and settle with MCM or Midland Funding in a single lump sum payment whenever possible, you can also look to set up monthly payments that you are confident you can afford and follow through with to completion. Midland Credit Management and Midland Funding both offer different methods to resolve debts they are collecting while giving you time to pay.
- If you are not familiar with the debt they allege you owe, request the debt be validated. Send your request in writing via certified mail. If you do not hear back from them do not assume they went away. I do not recommend this approach if you want to resolve a debt that you know to be yours.
- Be certain you are aware of how long it has been since you last paid on the account and compare that to the SOL (statute of limitations) for being sued on your type of debt in your state. You may learn that you cannot legitimately be sued for the debt as it has passed the SOL. That does not mean the debt can no longer be collected, or that you should ignore it. The account is likely showing up on your credit report. If you have a goal of buying a home, or refinancing an existing home, you may find you are forced to settle collection accounts in order to qualify for a loan later on. And settling later on may come at a higher price. Avoid applying for credit of any nature just prior to negotiating with Midland Credit and other debt collectors (it makes you look more collectable)
Depending on your current financial situation, looking for affordable settlements and paying off debts with Midland Credit Management and Midland Funding will set you up for less stress and the ability to achieve later financial goals.
The woman who inspired this article was someone I worked with a few years ago. She was laid off from work and struggled to find a new job. She could no longer afford to make payments on her credit card debts and was referred to me by her accountant. I worked with her and her husband to develop a plan to settle her unpaid debts, rather than file bankruptcy (they had filed in the 90’s and did not want to go through that again). She was able to knock down her largest 6 credit card balances by settling with her original creditors using money she was able to borrow from a family member. Her husband’s hours were then cut back at his job, and it became impossible for her to follow through with the plan, leaving a couple of her smaller balance accounts unresolved, the Citibank account Midland Credit Management began collecting was one of them.
She did not reach back out to me for feedback on dealing with the Midland Credit Management collection letter she received. Instead, she went to the internet and found what she said was the consistent advice to send a debt validation letter to MCM. She thought the collection account was behind her when she did not hear back from MCM. When she received the attorney collection notice in the mail for the same debt, she simply repeated her debt validation request again. She did not know how, or what, to respond to the collection attorney with, once they mailed back evidence of a debt she already knew she owed. She only contacted me again after she was sued by Midland Funding.
Settling with Midland Funding LLC When Sued
I suggested she connect with a local consumer attorney about her options to handle the lawsuit. After that consultation, she decided to settle the lawsuit from Midland Funding. We got a good deal, to be sure, but she was settling on a total balance that had increased due to attorney costs. We could have settled directly with Midland Credit Management early on, and for a much better savings, and less stress.
There is, often enough, also going to be a difference between the amount you can negotiate and get approved to settle for, when you are dealing with a debt collection attorney. It is not uncommon to see a 20 to 40 percent premium to settle a Midland Funding debt once sued for collection, compared to negotiating before the account lands in court.
If you are just not in any shape financially to follow through with any strategy to resolve the debt with Midland, you may end up with a judgment against you. Judgments can be settled for less down the road, so keep that in mind. But you may want to consider defending against any collection lawsuit too. There are good resources that can help you, but you will want to assess the costs and time involved in any effort to defend collection lawsuits.
What You Can Do to Resolve Debt with Midland
You may be reading this and in a situation where you cannot possibly think of how you can resolve a debt being collected by MCM or Midland Funding LLC. I understand that. The situation is what it is, and sometimes all you can do is wait for things to improve before tackling old debts. However, you may want to at least learn about the options available to you to tackle debts Midland is collecting. You may be surprised by some of the flexibility that is available. You may even be able to avoid being sued later, by taking action today.
If you have received collection notices from an attorney for Midland Funding, or have been sued by an attorney for collection, you will want to contact the attorney directly. You should also consider speaking with an experienced collection defense attorney of your own.
If you are trying to resolve an existing judgment from Midland Funding, you have options for that as well.
There will be additional pressures on Midland Funding, Midland Credit Management, Encore Capital Group, and many other collectors and debt buyers, as a result of new federal regulatory supervision. The CFPB has already had a huge impact on Midland Funding. I will keep the article updated as things develop.
Midland Funding LLC on Your Credit Reports
I am updating this article as of 1/10/17 to include information about Midland Funding credit reporting policy changes that are way ahead of the curve when it comes to providing you the ability to meet your current and future personal credit goals. Be sure to click through and learn more about how Midland Funding will handle credit reporting when it comes to accounts you have with them.
- Midland Funding will not show on your credit reports if you are able to make payment arrangement, or settle with them for less, in the first 180 days after they purchase your account. This is obviously ideal when you can commit to resolving accounts with Midland Funding early on.
- Midland Funding will remove all credit reporting if you pay or settle a debt with them. This is an obvious benefit to those of us who had financial setbacks that lingered longer, and who could not take advantage of the opportunity to keep Midland off our credit reports from the beginning, when they sent their first collection notice.
- I have seen it take up to 60 days for the Midland Credit account to be deleted from your credit reports.
There are many examples of people in the comments below, and who I have spoken with on the phone, who are taking advantage of Midland’s credit reporting policy.
Midland Funding is leading by example with this credit reporting policy.
Updated 2/20/20 – Three additional debt buyers have since followed the example Midland set for credit reporting.
If you would prefer to get help settling your Midland Credit Management debts, let us know by scheduling a phone call using the box below, or the help tab up top. We can help you and typically for a fraction of what most companies charge.
The lawyer for midland has filed with the courts on Oct 27th. Is there a chance I can call the lawyer and settle without going to court?
All day long. Who is the collection law firm handling it, and what is the balance owed.
I have received a summons for county Magistrates Court. Midland Funding LLC is suing me for an unpaid credit card debt that is now $1125.40 from Credit One Bank, it’s written as Midland Funding llc assignee of Credit One Bank, NA. In the instructions for Defendant it states that I can contact the plaintiff and make an out of court settlement. Would you still advise contacting their attorney first? This all came about due to an unexpected divorce which I’m still recovering from financially, Do you currently know how Midland is with negotiating monthly payments? Thank you!!
You will have to deal with the collection attorney Midland sent this too at this point. I would not do payments if you can avoid it. I would want to settle for a lump sum out of court so I do not have to deal with any consent or stipulation to judgment.
If all you can do is monthly payments, it is not complicated to call the law firm and set up.
I just saw that I had an cołllection account with midland funding for $364. . When I went to their website to search for information it comes up that there is no information and my account is burnt handled by Hammer Suttel. I don’t know who or what that is. Can I just call Midland and have them tell me what it’s for and if it can get settled or is it too late
You can call Midland Funding and find out what the debt is for, but to resolve the account, since it has already been sent to Suttel and Hammer, you will be directed to that law firm to resolve the balance.
Midland Funding &Pressler & Pressler have a judgement and wage garnishment against me, BUT do not tell me what it is for. I have been identity theft victim, credit reporting agencies have my records so screwed up it isn’t even funny. I can’t take much more of this!!
Look up the court record and see who they got the debt from. You should be able to recognize it from that. If this collection is the result of identity theft use the tips on this site: http://www.idtheft.gov
Hello.
I was sent to Midland and was served back in 2013. I contacted them and arranged payments monthly. I was just about paid off (starting from close to $3k, down to under $500), when my husband was hospitalized and diagnosed with diabetes. I defaulted and never paid the final Balance.
Today is 10/20/16, I received “copy” of what looks to be scary court papers and I’m having a hard time understanding what they mean.
The papers say “Application And Order To Vacate Stay Of Execution And To Issue Writ Of Execution”.
There are sections that acknowledge how much I paid as well as Declaration Of Accrued Interest. However, the total of all post judgement cost equal zero.
What does this mean?
Are they now going to garnish me?
I really appreciate your time…the attorney is closed, so I’m searching for answers online.
Thank you
Fill in the talk to Michael form in the right column of this page. Once I get that I will email you to set up a time to go over your situation with you on the phone.
Hello
Wrote u before- Midland
This charge off happen due to me failing to make my montly payment to Credit One
Honestly my 88 year old mother cecame ill (bed ridden)
My prioritys went to my mom.
She passed the same day I recieved Credit One letter of selling to Midland.
They said I owe 1900 (I believe they charged membership plus late fee)
What is a good price to offer Midland (so I can live stress free)
Trying hard to avoid credit reporting
Please help
What you can settle with Midland Funding for is often going to be impacted by how much of a collection target they see you as. I regularly settle with them for below 50%, but there are instances where they will hold out for more.
My biggest question is once you go thru the courts and Midland’s lawyer starts the garnishment process is there a way to settle or still set up a new payment arrangements. Because it seems like you will never get out of this situation to improve your credit ratings.
It is possible to settle for a little less than the balance owed even though they are garnishing your paycheck. If you get them to go for it, the savings is not going to be great at all. They know they will get paid in full as long as you have that job.
You will likely have to work this all out with the attorney Midland Funding hired.
What happens if you file for bankruptcy??
Filing stops ALL collection activity. If you file chapter 7 you would likely wipe out this, and all other unsecured debts.
Hello & 2 things: First thank you for writing this article, I found it EXTREMELY informative & helpful. I have a judgement with a balance that is close but not exactly $3,000 and 12% interest. I’m thinking about writing to Midland and asking to settle for 50 – 60% of the amount price but also wanted to see if there was a way to add that any negative comments posted to the 3 credit bureaus are removed. Do you believe that is a good course of action? I’m in the state of Mass if that helps.
How old is the debt? When did the judgment get entered in the court record?
Debt is from 2012, so it’s 4 years old and judgement was entered and payment agreement was to start June 16, 2014.
Midland has plans available to help people resolve debts with an eye on credit reporting. Call and talk to them about it, and let me know what they say. Sending a letter is not the route to take.
You are still going to be dealing with a public record entry on your credit reports. But shortly after your settlement payment goes through, you can expect the court record to reflect a satisfied judgment.
I was served today Oct 8. by Midland Funding llc. I defaulted on a One Main Financial loan originally taken out on 5/11/2012 5316 the last payment I made was on June 2014. And the account was closed in February 2015. The balance is $3700.59. I have been attempting to pay off my debts and reestablish my credit since the beginning of the year. They were at the bottom of my list because the amount owed them is the largest. Unfortunately they served me before I could get started on the final stretch of my debt rehab. Now my hand is forced. Is negotiating even as option. I don’t have that money on hand or even a lump sum to offer and I’m okay with payment for the total of said amount. After being served is that even possible. I live in TX.
How long would it take you to save up half the amount Midland Funding is suing for?
Probably about 3 months
You are looking at needing to file an answer or general denial to the lawsuit in order to buy the time to raise the money.
Have a collection of $1214 with MF LLC,
I am able to pay the amount but soul it be smarter to see if they would settle for less and if so who would I contact to start the process?
Thank you Michael!
You can call Midland Funding or Midland Credit Management directly. Work out your reduced pay off and get it in writing from them before you pay.
I had a limit on my card of $400. My balance with Midland is now $841 which is clearly late fees and compounded interest. I offered them $400 since that is what I received in goods and they are telling me no. They’re not interested in settling because they just acquired my account in September and aren’t offering a settlement at this time. I am at work until 5pm Pac time and I can’t be tied up on the phone with them.
Not all debts will settle for half off. It is harder to settle smaller balances for the best results on a percentage basis. I have an article up that explains the complications with settling low balances. The same principle applies when dealing with debt collectors as it does with original creditors.
I would encourage you to settle with them before they have had the account for 90 days, as Midland has a policy of keeping it off your credit reports if you do that.
Thank you for your advice! I appreciate the information.
Hi Michael,
I was served a summons by midland last week for a debt that I thought i had worked out, The suit is for a little over $2600 and most attorneys want 1500-2500 to take the case, I don’t know what to do at this point, I can’t afford attorney fees not the 2600. I don’t qualify for low income. I am in California. I tried going to the court web sights but the paper work seems kind of confusing and a little scary. Can you help me or direct me in the right direction fast. Thank you
If your goal is to settle with Midland, how much money can you raise to settle this in the next 2 weeks?
i was hoping for monthly payments of $100 for maybe 10-12 months
In 2 weeks maybe 500-700. I just want the issue to be over.
You can probably get the monthly payments, but would likely have to consent or stipulate to a judgment. And when you look at that type of monthly payment, you are often looking at paying the full amount.
If you want to settle, the floor (best case scenario) when sued is often 50%, and that is no gimme.
You may want to defend the suit in order to buy time to save up more money to do a lump sum settlement.
I received a subpoena in the mail today from MCM. The court date is tomorrow. First of all, is this legal to mails subpeona (not even certified mail)? Secondly, I cannot possibly go to court tomorrow. Can I call and settle with them prior to court?
What state are you in?
What is the heading of the document you received?
It may be that you were served the original lawsuit, and that it took quite a while to locate you. Call the court and ask the clerk if there is a real hearing scheduled. My guess is no.
You can settle out of court. How much are they suing for?
Hi Michael, Chris here, I have a debt that is through Midland Funding and has been sent to an attorney. Ive been served at my residence a court summons. I called the Law firm and the gentleman I talked to stated that he could not negotiate a lower payment with me. I just want to pay them so I don’t have to go to court but don’t think I should have to pay all of it I was hoping they would take half. Is this possible in your experience? Also what happens if I dont go to court?
If you do not respond to the lawsuit, or show up for small claims, you end up with a default judgment against you. You want to avoid this.
You can settle with the attorney for Midland. It may not be for half, depending on the situation.
What is the balance owed?
What state are you in?
When did you last pay the original creditor?
Hi Michael. What if I already have a judgement and they have already taken the money out from my checking account? Is there anything that I can do to settle for less than it is owed? Is there any way to recuperate the money they took since it was my ex-husband’s checking account but I still had my name in the account but the money was his?
They took about $1500 but that does not pay the whole debt off. There is still more that is owed and now I am afraid that they will be able to also take my tax return this following year. Can they tap into that too? What is your advice?
They cannot intercept your federal tax refund. And only some states would allow that, like Michigan. Where do you live?
I just found out today that Midland Funding garnished my bank account for $845…my bank is sending me all the paperwork. I had no idea I owed them anything….can they just take money out of my bank account without my knowledge? I thought at least I would have to go to court or something before they could take any money out of my account. Am I wrong?
You do have to be sued and a judgment entered in court before you can have your bank account levied.
Look up your name in your county court and see what you find there. Have you move recently? Is the address of where the court record says you were served one you ever had?
I found out Midland funding was suing me when I checked my mail and found lawyers letters asking me to hiring them before my court date of Oct 6. I had no clue. I also found a letter from a Mediator. He didn’t know who the original debtor was. I’m supposed to call him back tomorrow. I know I had received some previous mail from Midland funding, but I’m a single 60 yr old who lost her full time job, got rear ended in a car accident, can barely walk or work, has no savings!. I’m fighting eviction right now, and I cant even afford to pay my health insurance this month. What to do??? I know that my credit card bill never went over $1100. I wonder how much more they added. Do I need a lawyer? Please help !
It sounds like you might fit the hardship description Midland gives on their website, where they will stop all collection in certain situations. Check out that section on their site here: https://www.midlandcreditonline.com/who-is-mcm/our-pledge/?_ga=1.8133938.1211792466.1463435377
You can call them at 877.240.2377 to discuss your hardship further. This is a real policy for Midland.
Let me know how it goes.
I got a letter in the mail from my job saying my wages are being garnished! I know for a fact that I paid Midland Credit off with a settlement offer, however I can’t remember when I paid it (I know it was within the last three years). They called a few months later from a 248 number asking me to pay and when I told them that I paid and gave them my information they said ok, it was there error. I have no idea what’s going on, but I am livid. Midland Credit Management, Midland funding…they’re asking me to pay something that I already know for sure that I paid off. I will call them tomorrow, today is Labor Day. But after googling midland credit and Midland funding I find all of this to be very troubling.
I had to go back in my bank statement and phone records to pin down the dates.
Have all that payment information at the ready when you call Midland today. Let me know how it goes.
Hi,
I called Mary Jane Elliot and Midland today. Midland gave me an account number, but when I tried to register to look at this account I was unable to. In addition, they gave an address and credit card I called my mother who is named after me and she confirmed that it was her credit card and an address that she stayed at. I was excited maybe they got us mixed up, when i called the customer service rep with this information she shot down my theory. I said if they got the address and credit card information mixed up what makes you think they didn’t get our social security mixed up. Without saying let me investigate or anything she was very condescending. I remember paying Midland a while ago, but like I said I have to find the information, but for my mom to confirm the address and the credit card company I am baffled, why would they not look further into this? I even checked my credit report and told her, there is nothing from this company. What should I do next?
Give me a call to go over some additional details. You can reach me at 800-939-8357, ext 2, or fill in the talk to Michael form in the right column on this page so we can email each other to confirm a time we can connect on the phone.
Dear Sir:
I am 68 years old and have a 2 year old citibank card account for about 5000 dollars that has just been purchased by Midland. All of my debt is medical related. Lost my job because of it.
I do not have a job and exist on 750 month social security and family charity. I have no assets Midland can get a judgment on.
It seems to me the thing to do is just share this with them when they contact me and let them know I am judgment proof.
If they pursue the matter just go to court and defend myself. Thoughts?
It should be a little easier than that Tom. Check out this page about how Midland will cease all collection if you qualify for a hardship. That is their site, so call the number on the screen. It sounds to me like you will qualify for them to stop all collection activity.
Let me know how it goes.
I’ve have 3 collections being reported to cra’s with mcm. 2 paid in full and 1 paying as agreed to be paid in full. Mcm is still reporting after the charge offs have fallen off at 7.5 years. They insist they are reporting accurate DOFD/charge off dates but do not have original documentation. One account manager said I could start an investigation and they can acquire the original docs from original creditors at their request at anytime, midland has owned these accounts for several years and does not currently have original docs. Can they do this? Can I dispute (will I win a dispute)? should I send validation later? Thank you.
I want to be sure what you have going on. You are paying, or have fully paid Midland Credit Management, but the issue is the accounts should have organically aged off your credit reports, but haven’t. You have spoken with a rep at MCM who said their reporting is correct.
I can help you. You can reach me at 800-939-8357 ext 2. You can also fill out the talk to Michael form in the right rail of this page so I can call or email you in order to set up a time that works for us to speak.