Report Being sued by Midland Funding: Small Case Simmons in State Laws, Case Law, Sample Forms Posted April 8, 2019 9 minutes ago, BackFromTheDebt said: Exactly If they win this case, and they almost certainly will if you don't settle, then they have a decade or two to collect the debt. At some point you will be working. When that happens, they can, in most states, garnish your wages until the debt, plus interest, is paid off. They will not contact you about a settlement. Nor are you likely to get as good a settlement as you would have if you had settled this before filing, What you can do is call them up and discuss a settlement offer with them. There is some amount of money they would rather have upfront than waiting until you graduate and are gainfully employed. If you pay them that amount of money, this will go away. Make sure you have everything in writing, that they will dismiss the case and agree to permanently discharge the debt and never sell it to anyone else. In the meantime, a general denial is probably a good idea. That will buy you just enough time to settle the case, hopefully. So basically I need to call them and work out a possible settlement? When I’m not in school and making money I’m sure paying it won’t be a issue. I just have nothing to my name right now except medical bills.