Debt collection letter

You need to send them a debt validation letter immediately by certified return receipt mail. When was the last time you paid on this debt and what state do you live in?
A template for the letter can be found in the do it yourself section on this site.

Welcome to the Community :D Frog is right, you need to make sure that this company is suppossed to be collecting on this debt.

You didn't say how old the debt is, or what amount it is.

If you find out this debt is valid and that you want to pay, or make arrangements, get everything in writing before you do anything. Make sure that their letter says it will be paid in full, or probably settled in full, if it's in collections.

Feel free to ask questions, we are here to help..KAren

Depending on how old it is you may have some leverage. If it is beyond SOL, then you really have em over a barrel. You could send them a 'pay for delete' letter, basically stating that you will pay off the account if they remove it from the credit reports. Basically you are telling them that if they want the money, they must remove it. It is kind of a strong arm tactic, but most CAs do not hesitate to use their own and it is a simple fact that any CA CAN remove an account they have placed. I have heard that the CRAs frown upon that, but there is no law that states a CA CANT remove for whatever reason.

I know you are not at the point of being sued by Midland, but for what it's worth see my answer to the following recent post:

TBrecker24 - How to ask for motion to dismiss

I described my court proceedings when I was being sued by Midland Credit on a very old debt. I denied I owed them anything & demanded DV in my court appearance/anser- they could not provide & I won.

By the way....again for what's it's worth, I knew that my debt to Midland was very old but I wasn't exactly sure when I last paid on it - 2003 or 2004?? In IL the SOL is either 5 or 7 yrs (can't remember) so I knew I wouldn't win based on SOL.

I choose to fight them tooth & nail purely based on the fact that they were a junk debt buyer & after learning what that meant I was fuming! I went to court ready to proove that 1) they could not validate the debt, and 2) if they did I only owed what they paid to own the debt - pennies on the dollar.

Bottom line was they couldn't validate the debt anyway so all my arguments & SOL didn't even factor in during court proceedings.

I bet most of Midland's claims cannot be validated - I bet the cases they do win in court are only won because the consumer did not know their options and agreed to pay them out of fear - not because Midland properly validated the debt.

Do your homework! Ask your questions here. This site is extremely helpful!

Just my extra thoughts.