One of the Biggest Junk Debt Buyers

Midland Credit Management specializes in purchasing junk debt, old charged off accounts, that has been deemed noncollectable and usually outside of the statute of limitations to be enforced in a court of law.  However this fact does not stop them from faming out collection activities to companies like FBCS Collection Agency.

There are a lot of rumors floating around that they are now trying to enter the arbitration game.  If you receive a notice of arbitration from them make sure you fight them tooth and nail.  Many times they do not have the information to back up their claims and use fraudulent affidavits to coerce people with paying them.

One thing you to keep in mind if you are being dunned for an account outside of the statute of limitations there is no way for them to enforce a claim of this nature through the courts or arbitration if you raise the objection.  Statute of limitations is a valid defense, but you must raise it.  Meaning that if you are presented with an arbitration request or are served to appear in court make sure you raise statute of limitations as a defense.  I will be providing more information on Midland Credit Management and their unscrupulous business practices.  Please bookmark this site and keep checking back.