Read Nica U.'s review of Lebedin Kofman on Yelp
Read Olessya K.'s review of Lebedin Kofman on Yelp
Read Rebecca V.'s review of Lebedin Kofman on Yelp
Midland Credit Management
Being sued by Midland Credit Management?
If you are being targeted with collection actions by Midland Credit Management
(MCM), have learned that you are being sued or have been notified that
you have lost a default judgment to Midland Credit Management, you are
not alone. Midland Credit Management is one of the "Midland Companies,"
also referred to as the "Midland entities," a group of companies
that are all subsidiaries of the Encore Capital Group, Inc. From their
offices in San Diego, Midland Credit Management operates as a high-volume
debt buyer in cases throughout the nation, including many every year in New York.
State and Federal Court Cases Involving Midland Credit Management
One of the most notable cases involving Midland Credit Management and the
related Midland entities is from 2011, when the companies were sued for
tier use of "robo-signed" affidavits in debt collection lawsuits.
Around 1.5 million consumers around the nation were targeted with legal
action based on affidavits that falsely claimed personal knowledge of
the debt in question. A settlement was reached in this massive case which
involved consumer rights groups, the Federal Trade Commission and the
attorneys general representing 38 states.
In another case, Midland Credit Management was the target of a class action
lawsuit alleging the debt buyer of charging interest rates in excess of
what is allowed under New York's usury laws, based on the claim that
MCM is not permitted to claim the same exemption from state usury laws
available to nationwide banks that sell bad debt to collectors such as
Midland Credit Management. Another example of a case involving Midland
Credit Management occurred when they were sued in federal court for attempting
to collect on a debt that had already been settled by the consumer.
In 2011, Midland Credit Management was ordered to pay more than $700,000
to the plaintiff in a federal lawsuit for failure to adequately investigate
the debtor's claim that the debt in question was false. Have you experienced
any type of harassment or collection abuse at the hands of
Lebedin Kofman LLP?
Contact us now to discuss the situation and find out if you have grounds for legal action
to defend your rights.