Midland Funding, LLC

What to Do If You’re Being Sued by Midland Funding, LLC

Midland Funding, LLC describes itself as "one of the nation's biggest buyers of unpaid debt," and they focus on purchasing charged-off accounts from creditors. 

When discussing Midland Funding, LLC in the context of debt collection defense and debt lawsuits, it is also important to mention the related "Midland entities," subsidiaries and affiliate companies which include:

• Midland Funding of Delaware, LLC
• Midland Credit Management(MCM)
• Midland Funding Corporation
• Midland Funding NCC-2 Corp.
• MRC Receivables Corp.
• Encore Capital Group

Midland Funding, LLC is located in Charlotte, North Carolina, while Midland Credit Management, Inc. (MCM), the primary debt collector associated with Midland, is located in San Diego.

Debt Collector Abuse by Midland Funding, LLC

The company has repeatedly been found at fault in state and federal court in cases involving debt lawsuits and debt collector abuse. For example, they recently faced a federal lawsuit for inundating a debtor with collection letters after the person made a request for validation of the debt, while another case saw Midland Funding, LLC as the defendant for violations including suing for a debt that was not owed, for attempting to collect on the same debt more than once, for making false representations and for false reporting to credit bureaus.

Recent Case Results Against Midland Funding, LLC

• Our firm was able to negotiate a settlement for our client, reducing the balance from more than $2,700 down to a $1,000 lump sum payment.
• Our firm was able to negotiate a settlement for our client, reducing the balance from more than $3,100 down to a $1,000 lump sum in four payments.
• Our firm was able to negotiate a settlement for our client, reducing the balance from more than $3,700 down to a $1,000 lump sum in five payments.

Midland Funding, LLC and Frivolous Debt Lawsuits

Midland Funding, LLC has not only been the frequent target of lawsuits alleging debt collector abuse, but has also time and again lost lawsuits in which they were attempting to secure payment of bad debt through a judgment against the debtor for defects such as improper service of papers and defects in standing. In another case, they lost a consumer class action lawsuit in which they were accused of charging interest rates in excess of the usury rates established by state law. If you are being sued or harassed by Midland Funding, LLC, do not hesitate to contact us at Lebedin Kofman LLP. We can provide you with a case evaluation to determine whether you have grounds for legal action and begin working on a strategy for your case.