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Midland Credit Management

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Midland Credit Management is a subsidiary of Encore Capital Group, Inc. Encore Capital Group is a openly traded business (NASDAQ: ECPG). In their most up-to-date filing with the Securities and Exchange Commission, Midland Credit Management’s parent company stated that it had collected $487.8 million in 2009, which represented a 22% increase over 2008. Within the 4th quarter of 2009 alone, they spent $41 million purchasing $1 billion of other companies’ debt. That is a lot of money, and you can guarantee that Midland Credit Management places considerable pressure on consumers to ensure that Encore Capital’s bottom line is popular with prospective investors.

Stop Midland Credit Calls:

Whenever Midland Credit makes bothersome phone calls, you’ll want to prepare yourself. Midland Credit is notorious for making threatening telephone calls as well as engaging in other unethical behavior. Being an educated consumer can help you quit Midland Credit telephone calls, and being aware of your legal rights can help you fight Midland Credit’s abusive practices.

The majority of consumers do not know that it’s relatively simple to stop collection calls: you merely have to write and tell the debt collection agency to quit getting in touch with you. By law, if you’ve written a letter asking Midland Credit to cease communication with you, Midland Credit cannot contact you again in writing, by phone, or by email except to notify you if they have stopped making an attempt to collect the debt, or in case they’ve decided to step up the collection process through a lawyer, the courts, or another means.

Remember that the Fair Debt Collection Practices Act defends you against Midland Credit’s dirty tricks; however it does not erase your debt. You are still accountable to pay what you owe, but the Fair Debt Collection Practices Act provides a clear line which separates ethical behavior from unethical and illegal behavior by debt collectors like Midland Credit.

Midland Credit Contact Information:

Midland Credit Management

P.O. Box 939019

San Diego, CA 92123-9019

800-935-4566