Midland Credit Management, Inc. and/or Related Entities Pay Nearly One Million Dollars In Civil Penalties
The Maryland Attorney General, in a December 17, 2009 press release, announced that Maryland had reached an agreement with Encore Capital Group, Inc., Midland Credit Management, Inc., Midland Funding, LLC, and other affiliated companies to resolve and settle allegations of debt collection law violations. The press release indicates that the “Encore-Midland companies” will pay $998,000.00 in civil penalties. Here is a link to the press release -
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December 20th, 2009 at 11:12 am
The entire Agreement with the State can be found at:
http://www.dllr.state.md.us/finance/consumers/pdf/midlandsettlement.pdf
The initial action by Maryland authorities followed the filing of a class action in the United States District Court for the District of Maryland, 09-02391-rdb. The First Amended Complaint is Doc. # 10.