Hi guys, im kinda new to the forum and basiclly repair my credit. Im currently stant at 657. Having 2 charge off and 1 collection account. The reason i bring up to the forum today because i had midland funding account list as a collection account. I have not know about this account so i file a disputed and everything.
Negative items: 1.Capital one charge off ( Midland fuding llc bought it (actually report as collection account ) The account is SOL and i have not know about this specific account.
2. Chase charge off account $ 1600 with 0 balance report.
So the first thing i did with Collection account Midland is :
June: receive a collection and settment from midland to paid for less
June 26 : Sent them a validation letter.
Wait a month hear nothing from them
July 26: sent them another letter to get a debt validation again and ask them to remove and delete an inaccurate information it if they cant provide those information.
August 9 : Receive a letter from Midland. Here how the letter goes :
Dear Mr. XXX XXX
The purpose of this letter is to request your assistance so that we may reach a quick resolution to your dispute.
As part of our investigation of your dispute, it would be helpful to have a copy of any documentation you may have that supports your dispute. In the interim, we have requested that the
three major consumer credit reporting agencies change the status of this account to " Disputed"
Examples of such documentation include the following:
1. Paid in Full of Account Settled: Proof of payment, for example: a) copy of front and back of payment intrument with copy of settlement offer or statement showing balance, B) copy of paid in full or settles
in full letter, or c) other document showing balance has been fully satisfied.
2. Fraud: a) copy of police report, B) Federal Trade Commission fraud affidavit ( which can be obtained at www.ftc.gov/idtheft or c) notarized fraud affidavit.
3. Balance Discrepancy: a) copy of contract that states rates for timeframe of disputed service, B) copy of bill that shows amount owed or rates, or
c) more detailed explanation of disputed charges.
We can be reached at XXXXXXXXX should you have any further questions. In the meantime, as requested by you we will no longer be contacting you regarding this account by phone or mail unless it is to further respond to a dispute by you under the Fair Credit Reporting ACt.
Sincerely
This letter state out. Hmmmmm should i start to file a complain with BBB and FTC ? Or contact the Midland before i do it. I dont know what to do with them. I did call the orginal creditor which is capital one and they cant even valid the debt but told me to contact Capital One. I need to take both of it off my account. So if someone with experience deal with Midland Please try to help other. Thanks.
Starting Score: 560Nobody gonna help me ;-(
They not going to take a penny from me but the only thing i want to do is i want to take them all off my credit report. I see my credit report so clean now after all the work out with inquiry, error report etc.....I just start working on my credit report and i see like 100 points increase but i might need more for my morgate rate by the end of the years. I been looking around around and around for the best question and answer for my case and couldnt figure what is the best way for this case. But i guess you were right about file a complain to bbb......Im going to sum up my file and everything to get a complain to Midland Funding. All they do is screw up other ppl life. And i need to get it clear with them. Thanks a lot for your advice ? And who is exactly Rober would you mind sent me his info. And what did you do for your midland case ? Would you mind to share. Thanks a ton
Good for you! MCM wouldn't be able to steam roll people if more people stood up for themselves. Unfortunately most people get sued by mcm, and freak out then don't show up at court. Or the people who have legitimate claims against them get talked into settling and still paying. They buy these debts on average at 3.3 cents on the dollar, so even a 50% settlement offer makes them tons of cash on the cheap. Robert is a constant adviser on this board, he knows his stuff forewords, backwards and inside out. He gives great advice. You can find me by searching the boards. My journey with mcm began last year, they committed several fcra/fdcpa violations that i could prove, from their own letters no less. Thank god i kept the receipts, recording their conversations scares the snot out of them too. You get the funniest reactions when you tell them your recording. But back to mcm, so i filed a claim in small claims court. They offered to delete in exchange for dropping my suit. I refused. Then removed it from small claims court, to federal court. Which ironically is the best place for this sort of lawsuits. I hired a lawyer, they sent their corporate attorney, and I just got their response to my first amended petition. OMG, its craaaaazy. Message me and i ll cut and paste the highlights if you d like.
If you have a solid paper trail, you might want to consider having a lawyer assist you. Especially if you can prove everything for a jury, if all you re wanting is a deletion they should be willing to accommodate you. The statistic I read, is that even if they win a lawsuit against them, they run up an average bill of $30,000. Just a though
i hope you would win the case man. Those company need to go....they screw up so many ppl and dont even give them a second change. I basically dont want any law sue i just need them off my report. How did you do a small law sue to the court ? How much you have to paid for small claim ?
Filing a small claims court is easy. Just walk into your county courthouse, they can walk you through the paper work. If your suing for over 2500 it s 90, under 50. In my county at least. Odds are they ll back off an offer to delete. In exchange for going away. Or either way your costing them money
what type of paper work you need to bring in when u want to process the small claims ?
You dont need any paperwork. All you need is what your suing for, where to send it and then have them served. Or mail it yourself, and submit an affidavit of mailing. Just a paper saying that you mailed it on time. If they dont respond within 30 days you can get a default judgment.
with all the information i list on the first post . Would you think they violate ? and my change of sue MCM ?