Midland Credit Management is a subsidiary of Encore Capital Group, Inc. Encore Capital Group is a publicly traded company (NASDAQ: ECPG). In its most up-to-date filing with the Securities and Exchange Commission, Midland Credit Management’s parent company claimed that it had collected $487.8 million in 2009, which represented a 22% increase over 2008. Within the last quarter of 2009 alone, they spent $41 million buying up $1 billion of various other companies’ debt. Those are big bucks, and you can bet that Midland Credit Management places extensive pressure on individuals to make sure that Encore Capital’s bottom line is appealing to prospective investors.
When Midland Credit makes harassing phone calls, it is critical to be prepared. Midland Credit is well known for making threatening telephone calls and engaging in other unethical conduct. Being an educated consumer will help you stop Midland Credit phone calls, and being aware of your rights will help you battle Midland Credit’s abusive practices.
Many consumers don’t know that it’s relatively simple to stop collection calls: you only have to write and notify the debt collection agency to quit getting in touch with you. By law, if you have written a letter asking Midland Credit to cease communication with you, Midland Credit can not get hold of you again in writing, by phone, or by email aside from to tell you if they have quit making an attempt to collect the debt, or if they have decided to step up the collection process through an attorney, the courts, or another means.
Keep in mind that the Fair Debt Collection Practices Act guards you against Midland Credit’s dirty tricks, but it does not erase your debt. You’re still liable to pay back what you owe, but the Fair Debt Collection Practices
Act provides a clear line that separates ethical behavior from unethical and illegal behavior by debt collectors like Midland Credit.
Midland Credit Management
P.O. Box 939019
San Diego, CA 92123-9019
800-935-4566
000-017 000-080 000-089 000-104 000-105 000-106 070-461 100-101 100-105 , 100-105 , 101 101-400 102-400 1V0-601 1Y0-201 1Z0-051 1Z0-060 1Z0-061 1Z0-144 1z0-434 1Z0-803 1Z0-804 1z0-808 200-101 200-120 200-125 , 200-125 , 200-310 200-355 210-060 210-065 210-260 220-801 220-802 220-901 220-902 2V0-620 2V0-621 2V0-621D 300-070 300-075 300-101 300-115 300-135 3002 300-206 300-208 300-209 300-320 350-001 350-018 350-029 350-030 350-050 350-060 350-080 352-001 400-051 400-101 400-201 500-260 640-692 640-911 640-916 642-732 642-999 700-501 70-177 70-178 70-243 70-246 70-270 70-346 70-347 70-410 70-411 70-412 70-413 70-417 70-461 70-462 70-463 70-480 70-483 70-486 70-487 70-488 70-532 70-533 70-534 70-980 74-678 810-403 9A0-385 9L0-012 9L0-066 ADM-201 AWS-SYSOPS C_TFIN52_66 c2010-652 c2010-657 CAP CAS-002 CCA-500 CISM CISSP CRISC EX200 EX300 HP0-S42 ICBB ICGB ITILFND JK0-022 JN0-102 JN0-360 LX0-103 LX0-104 M70-101 MB2-704 MB2-707 MB5-705 MB6-703 N10-006 NS0-157 NSE4 OG0-091 OG0-093 PEGACPBA71V1 PMP PR000041 SSCP SY0-401 VCP550 70-487 SY0-401 70-486 220-801 300-075 c2010-652 000-080 210-065 350-030 JN0-360 74-678 LX0-104 300-070 70-410 350-050 PMP 70-483 JN0-360 200-355 200-125 , 210-060 100-101 70-412 VCP550 LX0-104 000-017 70-461 700-501 70-347 EX200 SSCP 200-120 VCP550 NS0-157 400-201 N10-006 000-080 000-080