Jump to content

Cap1 and Midland and JDB Lawsuits - Policy change?


Zabida
 Share

Recommended Posts

Hey everyone. 

Tried to reply to some prior topics but really got no traction with this.

Cap1 is, or has been, widely known to hold their own paper and sue aggressively. There have been multiple threads since about November saying that Midland, and as far as I can tell, only Midland, is back on Cap1 paper and they are the plaintiffs in lawsuits against debtors. This is a major change since post 2008-2009 when Cap1 really stopped selling off to JDBs. Needless to say I am a Cap1 debtor and this is very near and dear to my heart, but it seems like the tides are shifting for Cap1. (One can assume the reason for this is the current economic situation, much as the last time they sold off to JDBs, but that is for another time.)

I am really hoping this thread can become a resource for Cap1 debtors or their representatives so we can get an idea of what is going on with Cap1 and possible strategies going forward. 

Thank you.

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.