Midland Funding Agrees to Drop 10,000 Debt Collection Cases in Settlement

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Baltimore, MD: Midland Funding LLS has agreed to drop over 10,000 debt collection cases it currently holds against consumers in the state of Maryland as part of a $10.2 million settlement.The agreement was approved by a judge this week.

The suit was filed by Maryland consumers against Midland, which buys and collects consumer debt, in September 2009. The case alleges that Midland "prolonged, illegal, and systematic abuse of thousands of Maryland residents." Plaintiffs further alleged that Midland was operating as a debt collector without a state license, in violation of state and federal law.

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