what should I do now that Midland filed a lawsuit againts me for over $4,000 that I supposedly owe them? i never had a business transaction with them, never own a credit card with the last digit they stated in the summon, never received any statement from them since 2004 ( according to them the date the debt started)? Why should I receive any statement or notices from them since I did not do any business with them? We only use 4 major credit cards to simplyfy our lives, plus gas cards. None of our credit cards have the name Midland in it. What are my best , most effective, short, and not costly courses of actions in my case? The time i will spend on this ridiculous lawsuit will be without a doubt a lot.
Another question: is there anything the government can do to stop these companies from harassing unsuspecting citizens like us who now supposedly owe them money? If there are things the govermnet can do, why are these companies still in business?
By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.