ra0724 Posted May 10, 2018 Report Share Posted May 10, 2018 So I know this topic is on here hundreds of times probably, but each case is so different so I had to ask for myself. I'm trying to research and educate myself on the matter, but please excuse my ignorance because this is all so new to me. So I received a letter from Midland Credit Management with the title "Pre-legal notification". It reads "Midland Credit Management has tried to reach you regarding this account. This letter is to inform you that Midland Funding LLC is considering forwarding this account to an attorney in your state for possible litigation." "If we don't hear from you or receive payment, Midland funding LLC may proceed with forwarding this account to an attorney. Midland Credit Management would like to make an arrangement with you to resolve the above- referenced account using the following: 1) Biweekly payments as low as $25.00 until balance is paid in full. The opportunity to pay the listed above does not alter or amend your validation rights as described in our previous letter to you. .... Once you have completely fulfilled the above payment arrangement, Midland Credit Management, Inc. will completely release you of the obligation. We are not obligated to renew this offer." This is the first letter I've received from them though. I mean I'm really bad about checking my mail but this specific letter came in a fancy UPS envelope so I for sure would have noticed that if they sent it to me previously. And also my balance that I owe is over $5000, so $25 biweekly seems too good to be true. They've been calling me multiple times a day from various phone numbers but I've never picked up a call from them. The reason I know it's them is because I look up the phone numbers every time they call. According to everything I've read it seems like everyone says not to answer their phone calls and/or if you do just play dumb about the debt and ask for validation. I also read that if they take you to court they have little evidence against you due to the fact that they do not have the original agreement, copies of statements, terms and conditions of the acct, etc. Pretty much that the only info they have is your name and info and the amount you owe. However, looking at the letter I received I am seeing that they have my original account number from which I owe my debt (Citibank), along with my balance and last paid date (01/10/2018). Is it typical for them to have this information? Typically I would just start making payments but after reading about this company I'm very nervous about doing that now. I definitely owed money to Citibank, I won't deny that. But the fact that it has transferred over to this company is what worries me now because it sounds super shady. I just don't know what my next step should be? Any advice is greatly appreciated!! Quote Link to comment Share on other sites More sharing options...
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