Debtconsolidationcare.com - the USA consumer forum

Forums
  • Latest topic

Midland Credit Management, Inc.

Date: Wed, 10/26/2011 - 14:13

Submitted by massie
on Wed, 10/26/2011 - 14:13

Posts: Credits: [Donate]

Total Replies: 3


I had a loan with Beneficial and I paid them for three years, when I lost my job, I asked them to work with me and I would try to pay them most of what I owned them, well they insisted that I pay them the full amount, so I stopped paying because I had no money. Now a couple years later the Midland Credit Management, Inc. sends me a letter telling me that if they bought Beneficial and that if I don't pay them the full amount by December 3, 2011 that they will hire an attorney in my State of Illinois and sue me. What should I do.


You should ask Midland Credit Management, Inc. to validate the debt in writing. Unless they validate the debt in writing, you shouldn't pay them anything. If they are able to validate your debt, then you should negotiate with them so that you can set up a payment plan with them in order to pay off the debt in an affordable manner.


lrhall41

Submitted by Anna Sweeting on Wed, 10/26/2011 - 20:48

( Posts: 1827 | Credits: )


I agree with my previous posters. To know about how to write a debt validation letter, you may visit the following link:
http://www.debtconsolidationcare.com/letters/sample6.html

I hope the following link may help you to get some information about Midland Credit Management, Inc:
http://www.debtconsolidationcare.com/forums/midlandcredit.html


lrhall41

Submitted by sally.nachelle on Thu, 10/27/2011 - 03:19

( Posts: 275 | Credits: )