Junk Debt Buyer Midland Funding Filed 4,219 New York Debt Collection Cases In 2016
- January 11, 2017
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By: Robert J. Nahoum
Midland Funding, LLC is an notorious “junk debt buyer”, buying up portfolios of old debt from banks, credit card companies, hospitals, doctors, cell phone companies and car companies for pennies on the dollar.
According to the New York State Unified Court System, Midland Funding, LLC filed only 4,219 New York debt collection lawsuits in 2016 which less than half the 11,616 filed in 2015. This number is less than half the amount of New York debt collection cases Midland filed in 2015. Debt collection cases like these are most often brought in New York’s civil, city and small claims courts.
Midland Funding, LLC operates under a variety of names including “Midland Funding of Delaware, LLC”, “Midland Credit Management, Inc.”, “Midland Funding Corporation”, “Midland Funding NCC-2 Corp.”, “MRC Receivables Corp.”. All of the Midland Funding, LLC companies are owned by Encore Capital Group, Inc., a public company traded on the NASDAQ: under ticker symbol ECPG.
Midland Funding, LLC and its affiliates regularly make debt collection phone calls from (800) 877-2377 and (800) 265-8825 and are located at:
8875 Aero Drive, Suite 200
San Diego, California 92123
In New York, Midland Funding is routinely represented by debt collection law-firm mill Forster & Garbus who themselves filed over 14,000 New York debt collection lawsuits in 2015.
Midland Funding and its affiliates are notorious violators of federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA) and are sued regularly by consumers for these violations. The FDCPA is a federal law that regulates the collection of consumer debts. It precludes third party debt collectors from using false, misleading, deceptive and harassing debt collection tactics.
If you need help settling or defending a debt collection law suit, stopping harassing debt collectors or suing a debt collector, contact us today to see what we can do for you. With office located in the Bronx, Brooklyn and Rockland County, the Law Offices of Robert J. Nahoum defends consumers in debt collection cases throughout the Tristate area including New Jersey.
The Law Offices of Robert J. Nahoum, P.C