Debt-Collection Company Settlement

Midland Funding

Arkansas Attorney General Leslie Rutledge today announced that Arkansas has joined 42 other states and the District of Columbia in an agreement to settle illegal debt-collection practice accusations against Midland Funding.

“I want companies like Midland to think twice before using these tactics in Arkansas,” said Attorney General Rutledge. “This settlement will make Arkansans whole after Midland violated both Arkansas and federal law through its deceptive practices.”

Between 2003 and 2009, Midland engaged in various debt-collection activities that harmed Arkansans, such as filing false affidavits in court proceedings, failing to verify debts as requested by consumers, attempting to collect debts that are legally unenforceable and signing affidavits of debts owed without reviewing the account. The settlement affirms that Midland is required to follow all Arkansas and federal debt-collection laws.   MORE

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