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Midland Credit Management Class Action Lawsuit

Midland Credit Management (MCM) is a debt collection agency that has been sued in multiple class action lawsuits for allegedly violating the Fair Debt Collection Practices Act (FDCPA). The FDCPA is a federal law that protects consumers from abusive and deceptive debt collection practices.

Allegations in the Class Action Lawsuits

The class action lawsuits against MCM allege a variety of violations of the FDCPA, including:

  • Making false or misleading statements: MCM is accused of making false or misleading statements to consumers about their debts, such as the amount of the debt, the legal consequences of failing to pay the debt, and the consumer’s rights.
  • Harassing or threatening consumers: MCM is accused of harassing or threatening consumers in order to collect debts, such as calling them repeatedly, calling them at inconvenient times, and threatening to sue them or garnish their wages.
  • Failing to provide consumers with the information they are legally entitled to: MCM is accused of failing to provide consumers with the information they are legally entitled to about their debts, such as the name and address of the original creditor and the validation of the debt.

Potential Outcomes of the Class Action Lawsuits

If the class action lawsuits against MCM are successful, consumers may be entitled to a variety of remedies, including:

  • Monetary damages: Consumers may be awarded monetary damages for any financial losses they suffered as a result of MCM’s violations of the FDCPA.
  • Injunctive relief: Consumers may be granted injunctive relief, which is a court order that prohibits MCM from continuing to engage in the unlawful practices that are alleged in the lawsuits.
  • Attorney’s fees and costs: Consumers may be awarded attorney’s fees and costs if they are successful in their lawsuits against MCM.

What Consumers Can Do

If you have been contacted by MCM about a debt, you should be aware of your rights under the FDCPA. You have the right to request validation of the debt, and you have the right to tell MCM to stop contacting you. If you believe that MCM has violated your rights, you may want to consider filing a complaint with the Consumer Financial Protection Bureau (CFPB) or hiring an attorney to file a lawsuit.

Conclusion

Midland Credit Management is facing multiple class action lawsuits for allegedly violating the Fair Debt Collection Practices Act. Consumers who have been contacted by MCM about a debt should be aware of their rights under the FDCPA and may want to consider filing a complaint with the CFPB or hiring an attorney to file a lawsuit.

FAQs

Q: What is the Fair Debt Collection Practices Act (FDCPA)?

A: The FDCPA is a federal law that protects consumers from abusive and deceptive debt collection practices.

Q: What are some of the things that debt collectors are prohibited from doing under the FDCPA?

A: Debt collectors are prohibited from harassing or threatening consumers, making false or misleading statements, and failing to provide consumers with the information they are legally entitled to about their debts.

Q: What should I do if I am contacted by MCM about a debt?

A: You should request validation of the debt and tell MCM to stop contacting you if you do not want to hear from them. You can also file a complaint with the CFPB or hire an attorney to file a lawsuit.

Q: What are the potential outcomes of the class action lawsuits against MCM?

A: If the lawsuits are successful, consumers may be entitled to monetary damages, injunctive relief, and attorney’s fees and costs.

Q: How can I find out more about the class action lawsuits against MCM?

A: You can contact the law firm that is representing the class members in the lawsuits. You can also find information about the lawsuits on the law firm’s website or in legal news publications.

Q: What should I do if I believe that MCM has violated my rights?

A: You should file a complaint with the CFPB or hire an attorney to file a lawsuit.

References

  • Consumer Financial Protection Bureau: Fair Debt Collection Practices Act: https://files.consumerfinance.gov/f/documents/102012_cfpb_fair-debt-collections-practices-act-fdcpa_procedures.pdf
  • Federal Trade Commission: Fair Debt Collection Practices Act: https://www.ftc.gov/system/files/documents/plain-language/fair-debt-collection-practices-act.pdf
  • National Consumer Law Center: Fair Debt Collection Practices Act: https://library.nclc.org/FDC/subscribe
  • American Bar Association: Fair Debt Collection Practices Act: https://www.aba.com/banking-topics/compliance/acts/fair-debt-collection-practices-act

One thought on “Midland Credit Management Class Action Lawsuit

  1. I received a check in the amount of $98.52 yesterday. Feels like a trap or something, not familiar with this agency.

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