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 Debt Collectors
 Arbitration Claims
 Alternative to
Bankruptcy

Midland Credit Management, Inc.

TEXAS RESIDENTS

IF YOU HAVE BEEN ISSUED A NOTICE OF ARBITRATION BY  Midland Credit/Midland Funding CONTACT Bud IMMEDIATELY! 817-348-0818

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Bud Says                         Consumer Comments Below

Midland Credit Corp (MCM) started out as a small bottom feeder prior to the shark or whale status they now enjoy.  As a vulture, they purchase portfolios of old, (worthless?) accounts that may be out of statute, then inflate them and attempt to collect. They do place accounts on credit reports and like all bottom feeders, appear to suffer from the same disease that precludes them from giving “accurate” information in their reporting.

 

MCM has recently embarked upon a quest to invade the arbitration field. MCM sends thousands of cases to AAA Arbitration (American Arbitration Association). The compensation for the cases will be $50 per ex-parte case and $100 for cases where both sides submit documents. They will likely rotate the panelists after a specific time or number of cases, so if an arbitrator is unavailable now, due to their schedule, they may become available to serve on cases at a future time and date.

 

If you have received an arbitration claim from Midland, join the forum and learn about your rights and the process at  www.arbitrationjustice.com

 

Be assured MCM is investing a LOT of money into arbitration, it is VERY important every consumer understand each arbitration claim should be challenged from the beginning. Everything about what they do, who they hire, what is paid, how claims are processed, what information is responded to, how disputes are handled, how many claims specific arbitrators handle, etc. will be published on these and various sites. You will also be able to share information on what documents MCM uses to validate their claims for arbitration. We are all aware of how many phony documents are sent to the NAF and the $250/hourly rate paid to the rubber-stampers who collect for them.

 

If you find a MCM account on your credit files, dispute it with the credit bureaus, demand they validate it. Make them give you what the law says you are legally entitled to. 

CAUTION: I recommend you NEVER disclose your bank account or credit card information to a debt collector, as you risk them emptying your account, or maxing out your credit card. If you feel they are reporting on your credit bureau files in error or need assistance in dealing with them, email  the details w/your location.  Assistance and referral to a consumer legal specialist may be available.

 Email for Assistance 

  Comments from consumer emails.  Messages edited for brevity.

  Consumers said... Midland Credit