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Graphic Depicting Elders for Elder Abuse Awareness Day

June is Elder Abuse Month. Here’s What to Know.

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National Legal Center is committed to promoting senior wellness and preventing elder abuse. World Elder Abuse Awareness Day (WEAAD) on June 15th is a global event that sheds light on the problem of elder abuse and seeks to protect seniors from all forms of mistreatment.

Raising awareness around this issue can help prevent financial exploitation, physical violence, neglect, psychological abuse, and other forms of maltreatment faced by elderly individuals worldwide.

Older generations are already facing financial hardship due to age-related medical bills and other expenses. These harmed humans are why our mission includes advocating for seniors in financial distress. We assist with debt-related legal issues, homestead property rights, debt collection scams, and more.

NIA-ElderAbuse-infogrfx_v1-5.2.19_cm-01_0

Types of elder abuse

Financial exploitation
Domestic and sexual violence
Physical violence and neglect
Starvation and mistreatment
Psychological abuse

Know the signs of abuse.

It’s important to be aware of the signs of elder abuse, ranging from physical injuries, emotional distress, financial irregularities, and more.

For example, physical signs may include bruises or other marks on the body. Emotional signs might include fearfulness or withdrawal in the presence of certain people. Financial irregularity could manifest in sudden changes to an elder’s financial situation, such as large withdrawals from a bank account or suspicious changes in wills, power of attorney documents, and/or other legal documents.

Harm happens fast, so it’s important to watch for warning signs and act quickly if you suspect that your loved one is being abused in any way.

Hurdles preventing help

Older Americans or seniors in an abusive situation may be unable to ask for help because of fear, confusion, or embarrassment. Those around them may not be aware of the signs of abuse or might not realize that help is available. There may also be social and cultural barriers that prevent seniors from seeking assistance.

Unable to advocate for themselves

When older adults begin to lose their capacities, they may begin to lose awareness. It may be up to a family member or friend to help the person gain a better understanding of what they’re facing and how to prevent it.

Shamed into silence

Abusers may shame victims into silence, leaving older victims to fear the loss of shelter or other things that affect their safety and health. Fear is a powerful motivator, and someone who is threatened with losing their core physical or emotional needs met may be influenced to stay quiet.

6 out of 10 elder abusers are relatives… but that’s not the whole story.

Based on information compiled by the National Council on Aging, 6 of 10 elder abusers are relatives. However, they also reported that as few as 1 in 24 cases of elder abuse are ever reported, which makes these numbers difficult to make a real inference.

Since the numbers don’t paint a clear picture, what’s the whole story?

We must collectively watch over the elders of our community and older person in our family, whether they live with family, in a long-term facility, or on their own.

Limited access to technology

Not everyone uses cell phones or the internet. Not only do older people tend to be less likely to use new technology, the long-term care facility they live in may not provide access.

Senior Man in Distress

How does a person make an elder abuse report?

If you or someone else is in immediate danger, call 911.

If you suspect elder abuse, the first step is to contact the authorities. Depending on your location, you may need to contact Adult Protective Services (APS), local law enforcement, or a state elder abuse hotline.

If you suspect an elder is being financially exploited, you should contact your local police department and/or your state’s Department of Financial Regulation for assistance in filing a complaint.

You can also find state-specific resources from the NCEA.

Additional resources

The International Network for the Prevention of Elder Abuse and the World Health Organization launched World Elder Abuse Awareness Day to raise awareness about elder abuse and establish victim services. Here are additional resources that may support an elderly person facing an abusive situation.

National Domestic Violence Hotline 800-799-SAFE (7233)

National Council on Aging

Department of Health and Human Services

If financial abuse has left you or your loved one with debt trouble, National Legal Center provides affordable representation to navigate debt without filing for bankruptcy.

Schedule a Free Debt Consultation with National Legal Center

Complete this form to schedule your free consultation.

Frustrated angry young man

Bad Credit Loans with Guaranteed Approval?! It’s a Trap!

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If you’ve ever searched for a loan with bad credit, you probably came across advertisements promising guaranteed loan approval with no credit check. That might sound like a real saving grace, but these are often traps set by manipulative marketers to take advantage of people in desperate financial situations. Behind the scenes, these seemingly generous offers are just a way to collect your personal information and sell it to the highest bidder – usually scams, deceptive debt validation schemes, or other shady entities.

Don’t fall into this trap!

Read on to find out how to get legitimate financial help when you need money but don’t qualify for traditional loans due to bad credit.

What is a Bad Credit Loan?

Bad credit loans are designed for people with poor credit, usually those with FICO scores below 630. Many lenders consider applicants with low or no credit history to be high-risk investments, which makes it difficult for people with bad credit to get approved for traditional loans.

Bad credit loans tend to come from alternative lenders, meaning they have higher interest rates and less favorable terms than regular loans.

Bad credit loans are not inherently bad. But they do swim in murky waters. That’s why it’s so important to be extra vigilant when applying for a loan with bad credit. How risky is it? The Consumer Financial Protection Bureau announced that they had launched an inquiry into data brokers, the companies that collect and sell your personal information.

Bad credit loan warning

Bad Financial Advice For People With Bad Credit

The internet is full of bad advice when it comes to borrowing money with bad credit. For example, some websites claim that you can get guaranteed approval on loans without any credit check, no income verification, and without having to provide collateral.

We can’t claim that all of these are false, but there’s a good chance it’s an outright scam. Few legitimate lenders will approve a loan without verifying your identity, income, or credit history. So when you see online ads claiming guaranteed approval money in your bank account in two days, be on high alert.

What are Bad Credit Personal Loans and Payday Loans?

Bad credit personal loans and payday loans are two common types of bad credit loan. Personal loans typically have a longer repayment term, while payday loans are short-term cash advances with high-interest rates.

Bad credit payday loans should be avoided if possible since they’re incredibly expensive and can quickly trap you in a cycle of debt. In addition, payday loans have been the subject of numerous consumer protection lawsuits and are generally seen as predatory lenders.

On the other hand, bad credit personal loans are usually more manageable when it comes to interest rates and terms. The better your credit score, the lower your APR will be. Unsecured personal loans tend to have lower interest rates than credit cards and payday loans, but they can be difficult for those with poor credit to qualify for.

Woman reading letter

Online Loans for People with Bad Credit

When the search for bad credit loans goes online, things get riskier. Many websites are designed to lure desperate borrowers into falling for misleading offers and scams. Some of them don’t even have an actual lender involved. They are outright scams.

Here are some tips to keep in mind when searching for a loan online:

Do your research before applying for any online loan program.

Check the Better Business Bureau, read customer reviews, and make sure the website is secure.

Read the privacy policy

Watch out for phrases like “we will share your information with third-party vendors,” or “the amount we are paid will influence the results we display,” or “some of our vendors are non-banks offering debt relief services.” Language of this sort means you are opening yourself up to phone calls and solicitations from who knows where.

Look for lenders who offer pre-qualification

This is a great way to check if you’ll qualify for a loan without hurting your credit score.

Discard unchecked financial advice on social media

We worked with CNET to expose financial misinformation on TikTok. Unfortunately, you’ll run into way too much incorrect, potentially damaging financial advice on social media.

Avoid networks or brokers

When you enter your information into an online form that connects you through a network, you never know where they will send your personal information. Some affiliate networks are transparent networks of great service providers, but that is the rarity, and you just don’t know. Stay in the driver’s seat by choosing which companies you’d like to apply for a bad credit loan from and applying for your loan directly.

Work with reputable companies

Whether it’s a lender or a law firm, you should always do your due diligence and research the company before signing up for any service. Check third-party reviews, read their policies carefully, and make sure they are licensed in your state.

Explore Other Options

Don’t limit yourself to bad credit loans. Look into other financial assistance programs or debt consolidation services that may help.

Our law firm offers affordable help with debt when you can’t keep up with monthly debt payments. We also have services specifically for retirees and individuals living with disabilities.

Don’t risk a scam if you’ve been denied a debt consolidation loan due to bad credit. You have options. Reach out to us today for a free consultation to explore safe solutions together.

Schedule a Free Debt Consultation with National Legal Center

Complete this form to schedule your free consultation.

Couple looking at paperwork

Settling Debt with National Enterprise Systems, Inc.

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Here’s the Deal:

  • If you’re receiving calls and letters from National Enterprise Systems, Inc., they’re probably contacting you about credit card debt, personal loans, or other past-due bills
  • Delinquent debt may hold you back from achieving financial goals, like buying a home or car, or lead to wage garnishment, bank levy, property liens, and more
  • Settle debt with National Enterprise Systems, Inc. on your own or let our debt relief law firm lead the way
GET A FREE CONSULTATION

National Enterprise Systems, Inc. is a legitimate debt collection agency, but don’t let your guard down- legitimate companies still break laws and stack up long lists of complaints. In this article, you’ll learn what happens when you don’t pay National Enterprise Systems, Inc. and when its time to call a debt settlement attorney.

Debt Settlement

National Enterprise Systems, Inc. is a Debt Collection Agency

If you’re receiving calls and letters from National Enterprise Systems, Inc., they’re probably contacting you about credit card debt, personal loans, or other past-due bills.

If you don’t Pay National Enterprise Systems, Inc….

When you owe credit card debt and are being contacted by a collection agency, it’s important to take action and create a plan to pay the debt.

If you don’t pay National Enterprise Systems, Inc. (or any debt collection agency) they’re generally left with the following options. A collection agency may:

  • Continue calling, sending letters, and reporting to the credit bureaus,
  • send it back to their client (the original creditor or debt buyer that hired them), 
  • suggest the account to a debt collection law firm to consider filing a debt collection lawsuit, or 
  • hold the account for future collection.
Couple looking at computer - Debt Settlement

While some of these outcomes may not seem too bad, it’s important to keep in mind the big picture. Delinquent debt may hold you back from achieving financial goals, like buying a home or car, or lead to wage garnishment, bank levy, property liens, and more.

You can settle debt with National Enterprise Systems, Inc. yourself or let our debt relief law firm lead the way. We’ll help you understand your options, resolve your debt and move on with your financial future. Either way, since the risk of debt can range from pesky calls to wage garnishment and seized property, it’s crucial to have a plan to deal with the debt.

GET A FREE CONSULTATION

How To Contact National Enterprise Systems, Inc. (and not a scammer)

The following information is subject to change and should be confirmed by visiting their website directly. National Enterprise Systems, Inc. presently lists its contact information as follows:

Address:

29125 Solon Road
Solon, OH 44139

Phone Numbers:

(800) 973-0600
(440) 542-1360

FAQ’s: Settling Debt with National Enterprise Systems, Inc.

Is National Enterprise Systems, Inc. legit?

Yes, but don’t let your guard down. The Fair Debt Collection Practices Act sets the rules, and debt collectors still break them.

What is the Fair Debt Collection Practices Act?

The Fair Debt Collection Practices Act is a federal law that regulates the collection of consumer debt by debt collectors. A debt collector cannot call too early or late, use profanity, share false information, and more. 

Is National Enterprise Systems, Inc. a law firm?

No, they are not a law firm and cannot file a debt collection lawsuit without retaining an outside attorney.

Can I settle with debt collection agencies myself?

Yes, you can settle debt yourself, but it’s important to be aware of the risks.

How can a debt relief law firm help?

Our debt relief law firm can negotiate settlements and payment plans with National Enterprise Systems, Inc.. We may also request debt validation, stop collection calls, minimize wage garnishment risk, sue debt collectors, and defend debt collection lawsuits if necessary.

Will debt settlement show up on a credit report?

Debts settled with National Enterprise Systems, Inc. may appear on your credit report with phrases like “Settled in Full” or “Settled for less than full amount owed.”

Schedule a Free Debt Consultation with National Legal Center

Rather talk another time? Complete this form to schedule your free consultation.

Man calling customer service after unjustified costs complain

Settling Debt with Jefferson Capital Systems, LLC

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Settling Debt with Jefferson Capital Systems, LLC

Here’s the Deal:

  • If you’re receiving calls and letters from Jefferson Capital Systems, LLC, they’re probably contacting you about credit card debt, personal loans, or other past-due bills
  • Delinquent debt may hold you back from achieving financial goals, like buying a home or car, or lead to wage garnishment, bank levy, property liens, and more
  • Settle debt with Jefferson Capital Systems, LLC on your own or let our debt relief law firm lead the way
GET A FREE CONSULTATION

Jefferson Capital Systems, LLC is a legitimate debt collection agency, but don’t let your guard down- legitimate companies still break laws and stack up long lists of complaints. In this article, you’ll learn what happens when you don’t pay Jefferson Capital Systems, LLC and when its time to call a debt settlement attorney.

Speaking to Debt Collector

Jefferson Capital Systems, LLC is a Debt Collection Agency

If you’re receiving calls and letters from Jefferson Capital Systems, LLC, they’re probably contacting you about credit card debt, personal loans, or other past-due bills.

If you don’t Pay Jefferson Capital Systems, LLC…

When you owe credit card debt and are being contacted by a collection agency, it’s important to take action and create a plan to pay the debt.

If you don’t pay Jefferson Capital Systems, LLC (or any debt collection agency) they’re generally left with the following options. A collection agency may:

  • Continue calling, sending letters, and reporting to the credit bureaus,
  • send it back to their client (the original creditor or debt buyer that hired them), 
  • suggest the account to a debt collection law firm to consider filing a debt collection lawsuit, or 
  • hold the account for future collection

Settling Debt with Midland Funding, LLC If you're among the millions of people who have received a letter or lawsuit about a debt owed to the debt buyer Midland Funding, LLC, you’ve probably got a few questions. What is Midland Funding, LLC? Who does Midland Funding, LLC collect for? Can I sue Midland Funding, LLC for debt collection harassment? Can I settle a lawsuit with Midland Funding, LLC? This article will be answering all those questions and more. We'll explore the relationship between the various companies involved with this debt collection conglomerate, and review options for dealing with debt collectors. So, read on for all you need to know about settling debt with Midland Funding, LLC. What Is Midland Funding, LLC? Midland Funding, LLC is a debt buyer. They purchase unpaid debts from other companies for a fraction of the amount owed. They then try to collect on those debts to earn a profit. Naturally, their goal is to buy old debt for as little as possible and collect as much as they can to maximize profitability. Midland Funding, LLC is among the largest debt buyers in the United States, along with other debt buyers like LVNV Funding, LLC and Portfolio Recovery Associates, LLC. Given their large presence in the debt collection industry, theirs is a common name to see when you have debt fall behind and go to collections. After Midland Funding, LLC acquires someone’s debt, they have a few options that they can exercise right away or in the future. To name a few, they may: Suggested image: 311988854 ● Collect on the debt directly ● Hire a third-party collection agency to pursue collections ● Place the account with a law firm for collection and/or litigation ● Do nothing ● Resell the account to a different debt buyer One thing to keep in mind is that Midland Funding, LLC is not a lender, nor do they directly collect debts they purchase. Because of this, you are more likely to see collection activity coming from their consumer facing debt collection entity- Midland Credit Management, Inc. Because Midland Credit Management, Inc is a collection agency, they are subject to the Fair Debt Collection Practices Act. The FDCPA is a series of laws that protect consumers from unfair tactics by debt collectors. Is Midland Funding, LLC a legitimate company? Yes, Midland Funding, LLC is a legitimate company. In fact, they’re one of the largest debt buyers in America. Just because they are a legitimate organization doesn't mean you should let your guard down. We are a consumer rights law firm, and we encourage you to treat any call or letter asking you for money with a healthy amount of skepticism. The scammers of the world are known to piggyback off of other companies. Double and triple-check to be sure you are truly communicating with the real Midland Funding, LLC before providing any personal information and falling prey to a scam. If it truly is a call, letter, or lawsuit from Midland Funding, LLC, they are indeed a legitimate debt buyer. What Is the relationship between Midland Funding, LLC, Midland Credit Management, Inc., and Encore Capital Group? Suggested Image: 249780757 You’re probably seeing that several entities are at work within the Midland Funding debt collection ecosystem. When you have a debt that has been purchased by Midland Funding, LLC, you may also see Midland Credit Management, Encore Capital Group, or Atlantic Credit and Finance. With all these companies intertwined, it definitely gets a bit tricky. Rather than untangle the corporate web behind Midland Funding, LLC, it can be summed up like this: Midland Credit Management is the front-line collection agency, Midland Funding tends to be the name on most credit reports and debt collection lawsuits, and Encore Capital Group tends to stay behind the scenes. Who does Midland Funding, LLC, collect for? Midland Funding, LLC purchases unpaid debt from major financial institutions and retailers like Capital One, and Synchrony Bank. Though their primary focus seems to be on revolving lines of credit like credit cards, they may also collect on other debt types such as auto deficiency balances, unpaid second mortgages, or home equity loans and lines of credit. Once a debt has been purchased by Midland Funding, LLC, it is their right (or that of their collecting arm, Midland Credit Management, Inc) to try to collect on that debt. The original creditor no longer owns the debt, and all communication regarding the account will take place between you (or your debt settlement attorney) and the new owner of the debt or their collector. Why is Midland Funding, LLC on My Credit Report? Suggested Image: 123813415 When Midland Funding, LLC becomes the new owner of your debt, their name will often appear on your credit report alongside the account they’ve purchased. Their remarks may include contact information for Midland Funding, LLC (see below), how long the account will remain on your credit report, and the account status, such as unpaid, paid in full, or settled. Under the Fair Credit Reporting Act, they are able and expected to report accurate and verifiable information. If it is not accurate, or they cannot verify the information, you may be able to remove Midland Funding, LLC from your credit report by disputing the remark. What should I do if I receive a letter or call from Midland Funding, LLC? If you're receiving calls or letters from a debt collector at Midland Funding, LLC or Midland Credit Management, there are actions you can take and rights that protect you as a consumer in debt. Suggested Image: 397735748 First, read the Attorney's Guide to Reading a Collection Letter for clarity of the letter you received and the laws that collection agencies need to follow when sending letters about collection accounts. Then, determine your next steps. Are you sure you owe the alleged debt to Midland Funding, LLC? If not, you might consider sending a debt validation letter. With a bit of research and legwork, you can attempt to do this on your own. If you'd like a free consultation with a law firm familiar with disputing debts, contact our team here at National Legal Center. If you are sure the debt is valid, can you afford payments to resolve or settle the account? Make sure any arrangement is affordable and doesn't leave you falling behind on other obligations. National Legal Center negotiates with companies like Midland Funding, LLC, and Midland Credit Management, Inc every day. Complete this short form to discover options to resolve debt with Midland Funding, LLC, and any other creditors you may have on your credit reports. Can Midland Funding, LLC sue me? Suggested image: 24330457 Yes, Midland Funding, LLC may be able to sue you for the debt you owe. A debt collection lawsuit is a scary situation to face, but it does need to be taken seriously. If Midland Funding, LLC sues you, seek legal assistance as soon as possible. National Legal Center offers a unique consultation specific to individuals facing lawsuits to discuss your case and determine the best course of action for you. Can I sue Midland Funding, LLC for debt collection harassment? Yes! If you believe your consumer rights have been violated, you have the right to take action. Numerous laws exist to protect consumers from unfair business practices, and this is especially true of the debt collection industry. The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unfair, or deceptive practices when they collect debts. Collection agents walk a very fine line when trying to get a consumer to repay a collection account. Most collection agencies are cautious about following the laws that oversee debt collection industry. However, untrained or uncaring debt collectors can violate your rights. Among many other things, a debt collector may not: ● Share inaccurate information during phone calls ● Provide legal advice ● Lie about what type of legal action they can take ● Misrepresent the debt ● Pursue time-barred debt without proper notification ● Disclose your debt to third parties Protecting you Beyond the FDCPA While many consumer protection attorneys focus solely on the FDCPA, National Legal Center will always do our best to fully protect our clients. In addition to the FDCPA, NLC will evaluate your case to see if other consumer protection laws may apply to your situation. Your case will also be reviewed for violations of other consumer protection laws such as the: • Telephone Consumer Protection Act (TCPA) • Fair Credit Reporting Act (FCRA) • Electronic Funds Transfer Act (EFTA) • Truth in Lending Act (TILA) • State-specific laws, and more. If you've been harmed or harassed by a debt collector, #standuptodebt with National Legal Center. You may have the debt dropped entirely or be entitled to money compensation, among a number of other resolutions. Filing a Counterclaim to a Debt Collection Lawsuit If a representative of a debt collection agency has violated your rights and then files a debt collection lawsuit, you may be able to file a counterclaim against them. A successful counterclaim on a debt collection lawsuit can lead to many outcomes. For example, it may result in dismissal of the lawsuit brought against you, a waiver of the debt owed, removal of the account from your credit reports, money damages to you, and more. Should You Negotiate a Settlement with Midland Funding, LLC? When Midland Funding, LLC is contacting you about a debt, one option to resolve the debt is negotiating a settlement. A settlement is where you pay less than the total amount owed on the debt, either in a lump sum or over several monthly payments. Once you've paid the settlement, the account is reported to the credit bureaus as settled in full (or similar), and Midland Funding, LLC should not take further action. If Midland Funding, LLC has filed a debt collection lawsuit and you're considering settlement, things change a bit. Of specific importance is the timing of the settlement. For example, if the settlement occurs after Midland Funding, LLC issued a summons, you'll want to make sure you know whether the court hearing was canceled. If not, you may still be expected to appear in court, even if only to share the details of the settlement. If you settle a Midland Funding, LLC lawsuit after a judgment was entered, you'll want to have documentation confirming they will file a satisfaction of judgment with the court. While you can ask the representative at whatever law firm is handling the matter for Midland Funding, LLC, it's crucial to remember that they are not your attorneys! They represent the other party, so it's a good idea to be skeptical and confirm anything they tell you, because their job is to collect the most funds possible on the accounts they handle. Negotiating a settlement is an excellent way to resolve a debt. Just make sure to cross your t's and dot your i's. Tips for Negotiating a Settlement with Midland Funding, LLC. Here are some tips for negotiating a settlement with Midland Funding, LLC. These suggestions apply to any other debt collector, too! 1. Make a deal you can keep- Don't over commit yourself and fail to complete the terms of the arrangement. Only negotiate a settlement you know you can afford. 2. Get it in writing- Request a letter outlining the terms of the agreement, including the amount to be paid and the payment due date. This should be a non-negotiable as it is the only way to protect yourself from continued collections. 3. Follow the letter’s instructions- If the settlement agreement is $4,089.98, pay that, don't pay $4,089! If it is due by the 28th, paying on the 30th doesn't cut it —if you need an extension on a settlement, you also need a new letter. 4. Keep those documents-. If the account surfaces in the future, you'll be glad to have a copy of your settlement letter and proof that you paid it as agreed. How Can a Debt Settlement Attorney Help? Receiving a summons on a debt you owe to Midland Funding, LLC is a serious legal matter. It can lead to a judgment, wage garnishment, a lien against your home, and more. Your best move is to consider hiring a consumer protection lawyer familiar with debt settlement to protect your rights and ensure you aren't taken advantage and to prevent mistakes during the legal proceedings. Image suggestion: 55853776 If you decide to work with an attorney with National Legal Center, they’ll review your entire financial situation to develop a plan that is affordable for you and minimizes your legal risks. They may also identify alternate legal strategies to deal with the debt. Did you know a debt settlement attorney can help even if you're not facing a lawsuit? You don't have to wait until you receive a debt collection summons to begin working on a solution. Working with a lawyer familiar with debt matters can minimize the chances of a debt collection lawsuit happening in the first place. Contact Information for Midland Funding, LLC If you have an account that is owned by Midland Funding, LLC, it helps to know how to contact them. To obtain confident contact information, you may want to go to the company’s website, your credit report, or the Better Business Bureau. Below is the contact information for Midland Funding, LLC as well as Midland Credit Management. **Important** At the time of this article’s publication, Midland Funding, LC appears to be directing all inquiries and communication to Midland Credit Management. Be sure to verify payment instructions directly with any debt collection agency before making any payments. Midland Funding, LLC Phone: (800)296-2657 Midland Credit Management, Inc. Correspondence Information Phone: (877) 653-5193 P.O. Box 939069 San Diego, California 92193 Payment Information Phone: (877)420-0039 320 East Big Beaver, Suite 300 Troy, Michigan 48083 Dispute and Complaint Information Phone: (877)420-0039 Attn: Chief Compliance Officer P.O. Box 939069 San Diego, CA 92193 \ National Legal Center solves debt. Complete this short form to discover options to deal with a summons from Midland Funding, LLC and any other collections account you may have. Call today and let National Legal help you #standuptodebt once and for all. Are you struggling with debt? Use the form below to get in touch with us.

While some of these outcomes may not seem too bad, it’s important to keep in mind the big picture. Delinquent debt may hold you back from achieving financial goals, like buying a home or car, or lead to wage garnishment, bank levy, property liens, and more.

You can settle debt with Jefferson Capital Systems, LLC yourself or let our debt relief law firm lead the way. We’ll help you understand your options, resolve your debt and move on with your financial future. Either way, since the risk of debt can range from pesky calls to wage garnishment and seized property, it’s crucial to have a plan to deal with the debt.

How To Contact Jefferson Capital Systems, LLC (and not a scammer)

The following information is subject to change and should be confirmed by visiting their website directly. Jefferson Capital Systems, LLC presently lists its contact information as follows:

Address:

16 McLeland Rd
St Cloud, MN 56303

Phone Numbers:

(800)281-2793

FAQ’s: Settling Debt with Jefferson Capital Systems, LLC

Is Jefferson Capital Systems, LLC legit?

Yes, but don’t let your guard down. The Fair Debt Collection Practices Act sets the rules, and debt collectors still break them.

What is the Fair Debt Collection Practices Act?

The Fair Debt Collection Practices Act is a federal law that regulates the collection of consumer debt by debt collectors. A debt collector cannot call too early or late, use profanity, share false information, and more. 

Is Jefferson Capital Systems, LLC a law firm?

No, they are not a law firm and cannot file a debt collection lawsuit without retaining an outside attorney.

Can I settle with debt collection agencies myself?

Yes, you can settle debt yourself, but it’s important to be aware of the risks.

How can a debt relief law firm help?

Our debt relief law firm can negotiate settlements and payment plans with Jefferson Capital Systems, LLC. We may also request debt validation, stop collection calls, minimize wage garnishment risk, sue debt collectors, and defend debt collection lawsuits if necessary.

Will debt settlement show up on a credit report?

Debts settled with Jefferson Capital Systems, LLC may appear on your credit report with phrases like “Settled in Full” or “Settled for less than full amount owed.”

Schedule a Free Debt Consultation with National Legal Center

Rather talk another time? Complete this form to schedule your free consultation.

Debt Relief Scam Calls

Debt Relief Scam Calls from Credit National Assist

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National Legal Center is a consumer protection law firm. We help people who’ve been taken advantage of by debt collectors, credit bureaus, and scammers. If you need help, call on us.

We’re all about helping people who’ve been harmed, but we want to prevent the harm in the first place. Our team has sleuthed and gathered information from around the web. The nature of scammers is that there isn’t usually much of a paper trail to go off of. Because of this, much of our information comes from reports that have been shared with us and consumer forums. If you feel we have published any untrue information about your company, we invite you to email or call to speak with our managing attorney to correct the record.

If you’ve been getting multiple calls from Credit National Assist, don’t be fooled and don’t give out your financial information. It has every indication of being a scam debt relief company. 

When you’re struggling with debt, it can feel like there’s nowhere to turn. When you think of calling for help, your phone suddenly feels like it weighs a thousand pounds. So when a company like Credit National Assist contacts you out of the blue promising relief from your debts, it can be tempting to take them up on their offer.

Before you do, though, make sure you aren’t encountering fraudulent phone calls aimed at pulling you into a debt relief scam.

In this article, we’re discussing how to identify these types of credit relief scams and what to do if you need legitimate help with credit card debt.

What Is Credit National Assist?

More than likely, they are simply a scam. We wish scam organizations did not exist, so if you’d like to claim this organization as your own and set the record straight, please contact us.

The reason we believe the calls you are receiving from Credit National Assist are a scam is due to reports on message boards and forums from people who’ve been called indicate that the calls include the following elements:

  • Claiming to be calling after an inquiry that never took place.
  • Asking questions that they should already know the answer to if you had completed a legitimate inquiry.
  • Offering debt relief to people who don’t have any debt.
  • Persisting to call after consumers have asked to be removed from their contact list.
  • Requesting personal information such as your credit card type and expiration dates.

These are all red flags that indicate you may be dealing with a scam artist, not a legitimate debt relief company.

We will give a caveat here – some legitimate organizations will hire telemarketing call centers to help them find customers. They may not be aware of the business practices of the telemarketing company.

However, telemarketing laws do not accept that as a legally acceptable excuse. Here’s an example:

Let’s say Intentionally Ignorant Debt Relief Company A hires Law Breaking Telemarketer B to make phone calls and drum up some business. If that illegitimate telemarketer breaks the law while telemarketing for the legitimate company, they’re both equally responsible.

Debt Relief Scam Calls

Identifying Debt Relief Scam Calls

What makes us say this is a Credit National Assist scam? The best way to identify a debt relief scam call is to be familiar with what legitimate debt relief companies do – and more importantly, what they can’t do under the various laws that regulate the industry.

Here are a few things to look out for, and if applicable, how the Credit National Assist company measured up:

Requests for Upfront Payment

Debt settlement companies cannot request any fee from a consumer before they have settled or negotiated at least one of your debts. This rule was put in place when the FTC amended the Telemarketing Sales Rule in 2010 after many debt settlement companies took advantage of consumers during the economic crisis.

If a company calls you out of the blue to offer financial assistance but asks for payment upfront – run the other way.

Promises to Invalidate All of Your Debts

No credit assistance or debt relief company, no matter how good they are at their job, can realistically promise to invalidate all of your debts. You’ll want to remember that whether a debt is valid is a legal matter. For a non-attorney to discuss the legal validity of debt would be the unlicensed (and likely inaccurate) practice of law.

Unfortunately, even the expert debt attorneys at National Legal Center can’t make everyone’s debt go away entirely. 

Debt validation as a primary debt relief strategy is ineffective and leaves most consumers worse off than they began. Yes, sometimes a debt can be proven to be invalid or unenforceable. But this is the exception, not the rule and if the individual making that call is wrong, you may have a debt collection lawsuit to tend to.

We did not see many people reporting that Credit National Assist was offering debt validation, though we have not heard much of what takes place after being connected with one of their agents.

If you have delinquent debt, and you believe it may not be valid, let our legal team take a look and hear your thoughts. Schedule your free consultation below.

Generic Company Names

When a company is populating their caller ID or introducing themselves with a generic name like “Credit Services” or “Card Services” instead of their actual company name, that’s another huge red flag. This is common among scam callers because they don’t want you to be able to identify them when you look up their number later.

This wasn’t the obvious case for Credit National Assist, as this is a more specific sounding name. In fact, there was a collection agency by the name of National Credit Adjustment Services (now out of business) and we can’t deny our own trade name of “National Legal Center” shares the same qualities.

Credit National Assist does not have an alarmingly generic name, but we were able to find almost no information about them online. When searching for “Credit National Assist,” all results are focused on unwanted phone calls. Searching through state and federal business records resulted in no confident matches.

Thin Company Profiles

When the company calling you claims to be a debt relief company but has almost no digital footprint, that’s another sign that something is fishy. Especially if the company in question is claiming to have been around for years. A legitimate business will have some kind of online presence. They should have a website with information about their company, their services, their team, and how to get in touch with them.

Not only does Credit National Assist lack a website, but we couldn’t find any mention of them anywhere else online. We could find little more than complaints from people who’ve received unwanted calls from Credit National Assistance and people who are looking for more information about them.

Continued Calls after Asking Them to Stop Calling

When a telemarketer continues calling you after you’ve asked them not to, they’ve not only disrespected your wishes, they may be breaking the law. This goes for all telemarketers, not just those offering credit assistance. Even if you did complete an online request for financial aid, credit assistance, or any other service, once you ask a company to stop calling they should stop! If they call back after you’ve asked them to stop calling, they may be violating the Telephone Consumer Protection Act (TCPA). We encourage you to call our law firm to see if you could take legal action and potentially recover money damages.

This is where Credit National Assist has most frustrated the people they are calling. People have made repeated claims online about continued calls, even after asking them to stop. Tactics like this, and spoofing their phone number to show local numbers on your caller ID, are all red flags of possible fraud.

Debt Relief Scam Calls

Get Reliable Help from National Legal Center

The legal professionals at National Legal Center have decades of experience helping consumers #standuptodebt. If you’re overwhelmed with debt or being harassed by debt collectors, we can help.

Our team wants to listen to your story. We’ll review your case and help you create a plan to resolve your debt or pursue claims against collectors or companies that have harmed you. Most importantly, we’ll give you the peace of mind that comes with knowing you have a legal expert on your side. Schedule your free consultation today!

Struggling with debt? There ARE options. Request a free consultation today!

Midland Credit LLC

Settling Debt with Midland Funding, LLC

,

If you’re among the millions of people who have received a letter or lawsuit about a debt owed to the debt buyer Midland Funding, LLC, you’ve probably got a few questions.

What is Midland Funding, LLC?

Who does Midland Funding, LLC collect for?

Can I sue Midland Funding, LLC for debt collection harassment?

Can I settle a lawsuit with Midland Funding, LLC?

This article will be answering all those questions and more. We’ll explore the relationship between the various companies involved with this debt collection conglomerate, and review options for dealing with debt collectors. So, read on for all you need to know about settling debt with Midland Funding, LLC.

What Is Midland Funding, LLC?

Midland Funding, LLC is a debt buyer. They purchase unpaid debts from other companies for a fraction of the amount owed. They then try to collect on those debts to earn a profit. Naturally, their goal is to buy old debt for as little as possible and collect as much as they can to maximize profitability.

Midland Funding, LLC is among the largest debt buyers in the United States, along with other debt buyers like LVNV Funding, LLC and Portfolio Recovery Associates, LLC. Given their large presence in the debt collection industry, theirs is a common name to see when you have debt fall behind and go to collections.

After Midland Funding, LLC acquires someone’s debt, they have a few options that they can exercise right away or in the future. To name a few, they may:

Settling Debt with Midland Funding, LLC If you're among the millions of people who have received a letter or lawsuit about a debt owed to the debt buyer Midland Funding, LLC, you’ve probably got a few questions. What is Midland Funding, LLC? Who does Midland Funding, LLC collect for? Can I sue Midland Funding, LLC for debt collection harassment? Can I settle a lawsuit with Midland Funding, LLC? This article will be answering all those questions and more. We'll explore the relationship between the various companies involved with this debt collection conglomerate, and review options for dealing with debt collectors. So, read on for all you need to know about settling debt with Midland Funding, LLC. What Is Midland Funding, LLC? Midland Funding, LLC is a debt buyer. They purchase unpaid debts from other companies for a fraction of the amount owed. They then try to collect on those debts to earn a profit. Naturally, their goal is to buy old debt for as little as possible and collect as much as they can to maximize profitability. Midland Funding, LLC is among the largest debt buyers in the United States, along with other debt buyers like LVNV Funding, LLC and Portfolio Recovery Associates, LLC. Given their large presence in the debt collection industry, theirs is a common name to see when you have debt fall behind and go to collections. After Midland Funding, LLC acquires someone’s debt, they have a few options that they can exercise right away or in the future. To name a few, they may: Suggested image: 311988854 ● Collect on the debt directly ● Hire a third-party collection agency to pursue collections ● Place the account with a law firm for collection and/or litigation ● Do nothing ● Resell the account to a different debt buyer One thing to keep in mind is that Midland Funding, LLC is not a lender, nor do they directly collect debts they purchase. Because of this, you are more likely to see collection activity coming from their consumer facing debt collection entity- Midland Credit Management, Inc. Because Midland Credit Management, Inc is a collection agency, they are subject to the Fair Debt Collection Practices Act. The FDCPA is a series of laws that protect consumers from unfair tactics by debt collectors. Is Midland Funding, LLC a legitimate company? Yes, Midland Funding, LLC is a legitimate company. In fact, they’re one of the largest debt buyers in America. Just because they are a legitimate organization doesn't mean you should let your guard down. We are a consumer rights law firm, and we encourage you to treat any call or letter asking you for money with a healthy amount of skepticism. The scammers of the world are known to piggyback off of other companies. Double and triple-check to be sure you are truly communicating with the real Midland Funding, LLC before providing any personal information and falling prey to a scam. If it truly is a call, letter, or lawsuit from Midland Funding, LLC, they are indeed a legitimate debt buyer. What Is the relationship between Midland Funding, LLC, Midland Credit Management, Inc., and Encore Capital Group? Suggested Image: 249780757 You’re probably seeing that several entities are at work within the Midland Funding debt collection ecosystem. When you have a debt that has been purchased by Midland Funding, LLC, you may also see Midland Credit Management, Encore Capital Group, or Atlantic Credit and Finance. With all these companies intertwined, it definitely gets a bit tricky. Rather than untangle the corporate web behind Midland Funding, LLC, it can be summed up like this: Midland Credit Management is the front-line collection agency, Midland Funding tends to be the name on most credit reports and debt collection lawsuits, and Encore Capital Group tends to stay behind the scenes. Who does Midland Funding, LLC, collect for? Midland Funding, LLC purchases unpaid debt from major financial institutions and retailers like Capital One, and Synchrony Bank. Though their primary focus seems to be on revolving lines of credit like credit cards, they may also collect on other debt types such as auto deficiency balances, unpaid second mortgages, or home equity loans and lines of credit. Once a debt has been purchased by Midland Funding, LLC, it is their right (or that of their collecting arm, Midland Credit Management, Inc) to try to collect on that debt. The original creditor no longer owns the debt, and all communication regarding the account will take place between you (or your debt settlement attorney) and the new owner of the debt or their collector. Why is Midland Funding, LLC on My Credit Report? Suggested Image: 123813415 When Midland Funding, LLC becomes the new owner of your debt, their name will often appear on your credit report alongside the account they’ve purchased. Their remarks may include contact information for Midland Funding, LLC (see below), how long the account will remain on your credit report, and the account status, such as unpaid, paid in full, or settled. Under the Fair Credit Reporting Act, they are able and expected to report accurate and verifiable information. If it is not accurate, or they cannot verify the information, you may be able to remove Midland Funding, LLC from your credit report by disputing the remark. What should I do if I receive a letter or call from Midland Funding, LLC? If you're receiving calls or letters from a debt collector at Midland Funding, LLC or Midland Credit Management, there are actions you can take and rights that protect you as a consumer in debt. Suggested Image: 397735748 First, read the Attorney's Guide to Reading a Collection Letter for clarity of the letter you received and the laws that collection agencies need to follow when sending letters about collection accounts. Then, determine your next steps. Are you sure you owe the alleged debt to Midland Funding, LLC? If not, you might consider sending a debt validation letter. With a bit of research and legwork, you can attempt to do this on your own. If you'd like a free consultation with a law firm familiar with disputing debts, contact our team here at National Legal Center. If you are sure the debt is valid, can you afford payments to resolve or settle the account? Make sure any arrangement is affordable and doesn't leave you falling behind on other obligations. National Legal Center negotiates with companies like Midland Funding, LLC, and Midland Credit Management, Inc every day. Complete this short form to discover options to resolve debt with Midland Funding, LLC, and any other creditors you may have on your credit reports. Can Midland Funding, LLC sue me? Suggested image: 24330457 Yes, Midland Funding, LLC may be able to sue you for the debt you owe. A debt collection lawsuit is a scary situation to face, but it does need to be taken seriously. If Midland Funding, LLC sues you, seek legal assistance as soon as possible. National Legal Center offers a unique consultation specific to individuals facing lawsuits to discuss your case and determine the best course of action for you. Can I sue Midland Funding, LLC for debt collection harassment? Yes! If you believe your consumer rights have been violated, you have the right to take action. Numerous laws exist to protect consumers from unfair business practices, and this is especially true of the debt collection industry. The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unfair, or deceptive practices when they collect debts. Collection agents walk a very fine line when trying to get a consumer to repay a collection account. Most collection agencies are cautious about following the laws that oversee debt collection industry. However, untrained or uncaring debt collectors can violate your rights. Among many other things, a debt collector may not: ● Share inaccurate information during phone calls ● Provide legal advice ● Lie about what type of legal action they can take ● Misrepresent the debt ● Pursue time-barred debt without proper notification ● Disclose your debt to third parties Protecting you Beyond the FDCPA While many consumer protection attorneys focus solely on the FDCPA, National Legal Center will always do our best to fully protect our clients. In addition to the FDCPA, NLC will evaluate your case to see if other consumer protection laws may apply to your situation. Your case will also be reviewed for violations of other consumer protection laws such as the: • Telephone Consumer Protection Act (TCPA) • Fair Credit Reporting Act (FCRA) • Electronic Funds Transfer Act (EFTA) • Truth in Lending Act (TILA) • State-specific laws, and more. If you've been harmed or harassed by a debt collector, #standuptodebt with National Legal Center. You may have the debt dropped entirely or be entitled to money compensation, among a number of other resolutions. Filing a Counterclaim to a Debt Collection Lawsuit If a representative of a debt collection agency has violated your rights and then files a debt collection lawsuit, you may be able to file a counterclaim against them. A successful counterclaim on a debt collection lawsuit can lead to many outcomes. For example, it may result in dismissal of the lawsuit brought against you, a waiver of the debt owed, removal of the account from your credit reports, money damages to you, and more. Should You Negotiate a Settlement with Midland Funding, LLC? When Midland Funding, LLC is contacting you about a debt, one option to resolve the debt is negotiating a settlement. A settlement is where you pay less than the total amount owed on the debt, either in a lump sum or over several monthly payments. Once you've paid the settlement, the account is reported to the credit bureaus as settled in full (or similar), and Midland Funding, LLC should not take further action. If Midland Funding, LLC has filed a debt collection lawsuit and you're considering settlement, things change a bit. Of specific importance is the timing of the settlement. For example, if the settlement occurs after Midland Funding, LLC issued a summons, you'll want to make sure you know whether the court hearing was canceled. If not, you may still be expected to appear in court, even if only to share the details of the settlement. If you settle a Midland Funding, LLC lawsuit after a judgment was entered, you'll want to have documentation confirming they will file a satisfaction of judgment with the court. While you can ask the representative at whatever law firm is handling the matter for Midland Funding, LLC, it's crucial to remember that they are not your attorneys! They represent the other party, so it's a good idea to be skeptical and confirm anything they tell you, because their job is to collect the most funds possible on the accounts they handle. Negotiating a settlement is an excellent way to resolve a debt. Just make sure to cross your t's and dot your i's. Tips for Negotiating a Settlement with Midland Funding, LLC. Here are some tips for negotiating a settlement with Midland Funding, LLC. These suggestions apply to any other debt collector, too! 1. Make a deal you can keep- Don't over commit yourself and fail to complete the terms of the arrangement. Only negotiate a settlement you know you can afford. 2. Get it in writing- Request a letter outlining the terms of the agreement, including the amount to be paid and the payment due date. This should be a non-negotiable as it is the only way to protect yourself from continued collections. 3. Follow the letter’s instructions- If the settlement agreement is $4,089.98, pay that, don't pay $4,089! If it is due by the 28th, paying on the 30th doesn't cut it —if you need an extension on a settlement, you also need a new letter. 4. Keep those documents-. If the account surfaces in the future, you'll be glad to have a copy of your settlement letter and proof that you paid it as agreed. How Can a Debt Settlement Attorney Help? Receiving a summons on a debt you owe to Midland Funding, LLC is a serious legal matter. It can lead to a judgment, wage garnishment, a lien against your home, and more. Your best move is to consider hiring a consumer protection lawyer familiar with debt settlement to protect your rights and ensure you aren't taken advantage and to prevent mistakes during the legal proceedings. Image suggestion: 55853776 If you decide to work with an attorney with National Legal Center, they’ll review your entire financial situation to develop a plan that is affordable for you and minimizes your legal risks. They may also identify alternate legal strategies to deal with the debt. Did you know a debt settlement attorney can help even if you're not facing a lawsuit? You don't have to wait until you receive a debt collection summons to begin working on a solution. Working with a lawyer familiar with debt matters can minimize the chances of a debt collection lawsuit happening in the first place. Contact Information for Midland Funding, LLC If you have an account that is owned by Midland Funding, LLC, it helps to know how to contact them. To obtain confident contact information, you may want to go to the company’s website, your credit report, or the Better Business Bureau. Below is the contact information for Midland Funding, LLC as well as Midland Credit Management. **Important** At the time of this article’s publication, Midland Funding, LC appears to be directing all inquiries and communication to Midland Credit Management. Be sure to verify payment instructions directly with any debt collection agency before making any payments. Midland Funding, LLC Phone: (800)296-2657 Midland Credit Management, Inc. Correspondence Information Phone: (877) 653-5193 P.O. Box 939069 San Diego, California 92193 Payment Information Phone: (877)420-0039 320 East Big Beaver, Suite 300 Troy, Michigan 48083 Dispute and Complaint Information Phone: (877)420-0039 Attn: Chief Compliance Officer P.O. Box 939069 San Diego, CA 92193 \ National Legal Center solves debt. Complete this short form to discover options to deal with a summons from Midland Funding, LLC and any other collections account you may have. Call today and let National Legal help you #standuptodebt once and for all. Are you struggling with debt? Use the form below to get in touch with us.
  • Collect on the debt directly
  • Hire a third-party collection agency to pursue collections
  • Place the account with a law firm for collection and/or litigation
  • Do nothing
  • Resell the account to a different debt buyer

One thing to keep in mind is that Midland Funding, LLC is not a lender, nor do they directly collect debts they purchase. Because of this, you are more likely to see collection activity coming from their consumer facing debt collection entity- Midland Credit Management, Inc. Because Midland Credit Management, Inc is a collection agency, they are subject to the Fair Debt Collection Practices Act. The FDCPA is a series of laws that protect consumers from unfair tactics by debt collectors.

Is Midland Funding, LLC a legitimate company?

Yes, Midland Funding, LLC is a legitimate company. In fact, they’re one of the largest debt buyers in America.

Just because they are a legitimate organization doesn’t mean you should let your guard down. We are a consumer rights law firm, and we encourage you to treat any call or letter asking you for money with a healthy amount of skepticism. The scammers of the world are known to piggyback off of other companies. Double and triple-check to be sure you are truly communicating with the real Midland Funding, LLC before providing any personal information and falling prey to a scam. If it truly is a call, letter, or lawsuit from Midland Funding, LLC, they are indeed a legitimate debt buyer.

What Is the relationship between Midland Funding, LLC, Midland Credit Management, Inc., and Encore Capital Group?

Midland Funding LLC

You’re probably seeing that several entities are at work within the Midland Funding debt collection ecosystem. When you have a debt that has been purchased by Midland Funding, LLC, you may also see Midland Credit Management, Encore Capital Group, or Atlantic Credit and Finance.

With all these companies intertwined, it definitely gets a bit tricky.

Rather than untangle the corporate web behind Midland Funding, LLC, it can be summed up like this: Midland Credit Management is the front-line collection agency, Midland Funding tends to be the name on most credit reports and debt collection lawsuits, and Encore Capital Group tends to stay behind the scenes.

Who does Midland Funding, LLC, collect for?

Midland Funding, LLC purchases unpaid debt from major financial institutions and retailers like Capital One, and Synchrony Bank. Though their primary focus seems to be on revolving lines of credit like credit cards, they may also collect on other debt types such as auto deficiency balances, unpaid second mortgages, or home equity loans and lines of credit.

Once a debt has been purchased by Midland Funding, LLC, it is their right (or that of their collecting arm, Midland Credit Management, Inc) to try to collect on that debt. The original creditor no longer owns the debt, and all communication regarding the account will take place between you (or your debt settlement attorney) and the new owner of the debt or their collector.

Why is Midland Funding, LLC on My Credit Report?

Midland Credit LLC

When Midland Funding, LLC becomes the new owner of your debt, their name will often appear on your credit report alongside the account they’ve purchased. Their remarks may include contact information for Midland Funding, LLC (see below), how long the account will remain on your credit report, and the account status, such as unpaid, paid in full, or settled.

Under the Fair Credit Reporting Act, they are able and expected to report accurate and verifiable information. If it is not accurate, or they cannot verify the information, you may be able to remove Midland Funding, LLC from your credit report by disputing the remark.

What should I do if I receive a letter or call from Midland Funding, LLC?

If you’re receiving calls or letters from a debt collector at Midland Funding, LLC or Midland Credit Management, there are actions you can take and rights that protect you as a consumer in debt.

Midland Credit LLC

First, read the Attorney’s Guide to Reading a Collection Letter for clarity of the letter you received and the laws that collection agencies need to follow when sending letters about collection accounts.

Then, determine your next steps.

Are you sure you owe the alleged debt to Midland Funding, LLC? If not, you might consider sending a debt validation letter. With a bit of research and legwork, you can attempt to do this on your own. If you’d like a free consultation with a law firm familiar with disputing debts, contact our team here at National Legal Center.

If you are sure the debt is valid, can you afford payments to resolve or settle the account? Make sure any arrangement is affordable and doesn’t leave you falling behind on other obligations.

National Legal Center negotiates with companies like Midland Funding, LLC, and Midland Credit Management, Inc every day. Complete this short form to discover options to resolve debt with Midland Funding, LLC, and any other creditors you may have on your credit reports.

Can Midland Funding, LLC sue me?

Midland Credit LLC

Yes, Midland Funding, LLC may be able to sue you for the debt you owe. A debt collection lawsuit is a scary situation to face, but it does need to be taken seriously. If Midland Funding, LLC sues you, seek legal assistance as soon as possible. National Legal Center offers a unique consultation specific to individuals facing lawsuits to discuss your case and determine the best course of action for you.

Can I sue Midland Funding, LLC for debt collection harassment?

Yes! If you believe your consumer rights have been violated, you have the right to take action. Numerous laws exist to protect consumers from unfair business practices, and this is especially true of the debt collection industry.

The Fair Debt Collection Practices Act (FDCPA)  is a federal law that prohibits debt collectors from using abusive, unfair, or deceptive practices when they collect debts.

Collection agents walk a very fine line when trying to get a consumer to repay a collection account. Most collection agencies are cautious about following the laws that oversee debt collection industry. However, untrained or uncaring debt collectors can violate your rights.

Among many other things, a debt collector may not:

  • Share inaccurate information during phone calls
  • Provide legal advice
  • Lie about what type of legal action they can take
  • Misrepresent the debt
  • Pursue time-barred debt without proper notification
  • Disclose your debt to third parties

Protecting you Beyond the FDCPA

While many consumer protection attorneys focus solely on the FDCPA, National Legal Center will always do our best to fully protect our clients. In addition to the FDCPA, NLC will evaluate your case to see if other consumer protection laws may apply to your situation. Your case will also be reviewed for violations of other consumer protection laws such as the:

  • Telephone Consumer Protection Act (TCPA)
  • Fair Credit Reporting Act (FCRA)
  • Electronic Funds Transfer Act (EFTA)
  • Truth in Lending Act (TILA)
  • State-specific laws, and more.

If you’ve been harmed or harassed by a debt collector, #standuptodebt with National Legal Center. You may have the debt dropped entirely or be entitled to money compensation, among a number of other resolutions.

Filing a Counterclaim to a Debt Collection Lawsuit

If a representative of a debt collection agency has violated your rights and then files a debt collection lawsuit, you may be able to file a counterclaim against them. A successful counterclaim on a debt collection lawsuit can lead to many outcomes. For example, it may result in dismissal of the lawsuit brought against you, a waiver of the debt owed, removal of the account from your credit reports, money damages to you, and more.

Should You Negotiate a Settlement with Midland Funding, LLC?

When Midland Funding, LLC is contacting you about a debt, one option to resolve the debt is negotiating a settlement.

A settlement is where you pay less than the total amount owed on the debt, either in a lump sum or over several monthly payments. Once you’ve paid the settlement, the account is reported to the credit bureaus as settled in full (or similar), and Midland Funding, LLC should not take further action.

If Midland Funding, LLC has filed a debt collection lawsuit and you’re considering settlement, things change a bit. Of specific importance is the timing of the settlement.

For example, if the settlement occurs after Midland Funding, LLC issued a summons, you’ll want to make sure you know whether the court hearing was canceled. If not, you may still be expected to appear in court, even if only to share the details of the settlement. If you settle a Midland Funding, LLC lawsuit after a judgment was entered, you’ll want to have documentation confirming they will file a satisfaction of judgment with the court.

While you can ask the representative at whatever law firm is handling the matter for Midland Funding, LLC, it’s crucial to remember that they are not your attorneys! They represent the other party, so it’s a good idea to be skeptical and confirm anything they tell you, because their job is to collect the most funds possible on the accounts they handle.

Negotiating a settlement is an excellent way to resolve a debt. Just make sure to cross your t’s and dot your i’s.

Tips for Negotiating a Settlement with Midland Funding, LLC.

Here are some tips for negotiating a settlement with Midland Funding, LLC. These suggestions apply to any other debt collector, too!

  1. Make a deal you can keep– Don’t over commit yourself and fail to complete the terms of the arrangement. Only negotiate a settlement you know you can afford.
  2. Get it in writing- Request a letter outlining the terms of the agreement, including the amount to be paid and the payment due date. This should be a non-negotiable as it is the only way to protect yourself from continued collections.
  1. Follow the letter’s instructions- If the settlement agreement is $4,089.98, pay that, don’t pay $4,089! If it is due by the 28th, paying on the 30th doesn’t cut it —if you need an extension on a settlement, you also need a new letter.
  2. Keep those documents-. If the account surfaces in the future, you’ll be glad to have a copy of your settlement letter and proof that you paid it as agreed.

How Can a Debt Settlement Attorney Help?

Receiving a summons on a debt you owe to Midland Funding, LLC is a serious legal matter. It can lead to a judgment, wage garnishment, a lien against your home, and more. Your best move is to consider hiring a consumer protection lawyer familiar with debt settlement to protect your rights and ensure you aren’t taken advantage and to prevent mistakes during the legal proceedings.

Midland Credit LLC

If you decide to work with an attorney with National Legal Center, they’ll review your entire financial situation to develop a plan that is affordable for you and minimizes your legal risks. They may also identify alternate legal strategies to deal with the debt.

Did you know a debt settlement attorney can help even if you’re not facing a lawsuit?

You don’t have to wait until you receive a debt collection summons to begin working on a solution. Working with a lawyer familiar with debt matters can minimize the chances of a debt collection lawsuit happening in the first place.

Contact Information for Midland Funding, LLC

If you have an account that is owned by Midland Funding, LLC, it helps to know how to contact them. To obtain confident contact information, you may want to go to the company’s website, your credit report, or the Better Business Bureau.

Below is the contact information for Midland Funding, LLC as well as Midland Credit Management.

**Important**

At the time of this article’s publication, Midland Funding, LC appears to be directing all inquiries and communication to Midland Credit Management. Be sure to verify payment instructions directly with any debt collection agency before making any payments.

Midland Funding, LLC

Phone: (800)296-2657

Midland Credit Management, Inc.

Correspondence Information

Phone: (877) 653-5193

P.O. Box 939069

San Diego, California 92193

Payment Information

Phone: (877)420-0039

320 East Big Beaver, Suite 300

Troy, Michigan 48083

Dispute and Complaint Information

Phone: (877)420-0039

Attn: Chief Compliance Officer

P.O. Box 939069

San Diego, CA 92193

National Legal Center solves debt. Complete this short form to discover options to deal with a summons from Midland Funding, LLC and any other collections account you may have. Call today and let National Legal help you #standuptodebt once and for all.

Are you struggling with debt? Use the form below to get in touch with us.

Struggling with debt? There ARE options. Request a free consultation today!

Signing a check cheque

Settling Debt with Credit Corp Solutions, Inc.

,

Are you receiving phone calls or letters about a debt owed to Credit Corp Solutions, Inc.? If you feel like you’re spinning your wheels and making no progress toward getting rid of your debt, you’re not alone. A lot of people are in the same boat, but there is hope. Settling a debt with Credit Corp Solutions, Inc. can be an excellent strategy to achieve financial freedom.

Who Is Credit Corp Solutions, Inc.?

Credit Corp Solutions, Inc. is a debt buyer. They purchase unpaid debts from other companies for a fraction of the amount owed. They then try to collect on those debts to earn a profit. Their goal is to buy low and collect high.

Credit Corp Solutions, Inc. is a midsized debt buyer. While not quite as large as entities like LVNV Funding or Midland Credit Management, Inc., it still isn’t uncommon to see their name when you have accounts that fall delinquent.

Credit Corp Solutions, Inc. specializes in unsecured consumer debt, including credit card debt, student loan debt, personal loans, and medical debt. They will occasionally collect on auto loans and commercial debt, too.

Most debt buyers purchase debt and then have third-party debt collection agencies contact the debtor to collect payment. These are companies like Transworld Systems, D & A Associates, Inc., or Radius Global Solutions. Alternatively, they may hire a debt collection law firm such as Zwicker & Associates, P.C., or Mandarich Law Group, LLP.

If you’re receiving calls from any debt collection agency or law firm, it’s a good idea to speak with a debt settlement attorney to discover your rights and strategies to overcome your debt.

Is Credit Corp Solutions, Inc. a Scam?

smart phone with incoming call from unknown caller. concept of s

It’s always wise to be skeptical when someone calls you asking for money. Unfortunately, scams are everywhere, and people in debt are commonly targeted. However, if the caller is genuinely from Credit Corp Solutions, Inc., they are a legitimate company.

You can confirm it is them by putting the number they’re calling from into a search engine. It should bring up the website of Credit Corp Solutions, Inc. When you receive a collection letter from them, check to make sure the contact information matches their website.

Here are a few tips for identifying a fake debt collector:

The caller is unable to provide specific information about the debt.

They should be able to provide the original creditor, the current balance owed, and the last four digits of the account number.

The caller says you are being sued and attempts to scare you into paying immediately.

While debt collection lawsuits are possible, be skeptical of collectors who make claims like, “a representative is on their way to take appropriate action today unless you make a payment right now,” and other vague, but threatening comments.

The caller requests payment through unconventional methods.

Legitimate debt collectors will never request payment through Western Union or that you load a gift card. However, if anything comes up that seems odd, investigate further. There’s a chance there’s something fishy going on.

The caller refuses to send anything in writing.

If you reach an agreement to settle a debt, it’s typical to have a settlement letter to outline the terms of the deal. However, if a debt collection agent is unwilling to send anything in writing, it’s a clear warning sign that something is amiss.

Credit Corp Solutions, Inc. Contact Information

If you have debt owned by Credit Corp Solutions, Inc., it helps to know how to contact them. To obtain confident contact information, you may want to go to the company’s website, your credit report, or the Better Business Bureau.

Below is the contact information for Credit Corp Solutions, Inc.

Mailing address: 180 W Election Rd Ste 200, Draper, UT 84020

Website: http://www.creditcorponline.com

Phone: (800) 483-2361

What Is Debt Settlement?

Debt settlement, also known as debt negotiation, is the process of negotiating with creditors to reduce the amount of alleged debt you owe. This can be done individually, but it typically involves working with a third-party debt settlement company or a debt settlement attorney.

The goal of debt settlement is to get out of debt sooner and at a lower cost than you would if you paid your debt in full. The goal is to resolve your debt for less than the amount owed. When you work with a debt settlement attorney, you’ll be able to learn about your rights and the unique risks you face.

Negotiating a settlement is not for everyone. It’s important to understand the risks involved and how they will impact your credit score before deciding if it’s the right choice.

If you’re struggling to make your minimum payments, have high-interest debt, or can’t afford to pay your debts, debt settlement may be a good option.

Can Credit Corp Solutions, Inc. Sue Consumers?

If you have delinquent debt owned by Credit Corp Solutions, Inc., you may be wondering if the company can sue you to collect the money you owe. The short answer is yes, but there are a few things to keep in mind if you receive a summons from Credit Corp Solutions, Inc.

First, it’s important to understand that most debt buyers prefer to work out payment arrangements to collect a debt rather than go to court.

However, if you do not repay the debt or make an arrangement with the debt buyer, they may sue you  to recover what you owe. If you are sued by Credit Corp Solutions, Inc., it’s important to take the matter seriously. Ignoring the summons leads to a default judgment. National Legal Center offers a free consultation specific to individuals facing lawsuits to discuss your case and determine the best course of action for you.

If Credit Corp Solutions, Inc. has a lawsuit filed with the county, it’s crucial to retain an attorney who is familiar with your rights.

How to Negotiate a Settlement with Credit Corp Collections Agency

woman sitting sofa at home talking on mobile phone

Here are some tips for negotiating a settlement with Credit Corp Solutions, Inc. These suggestions apply to other debt collectors, too!

  • Negotiate a settlement you know you can afford. Don’t over-commit yourself and fail to complete the terms of the arrangement.
  • Obtain a letter outlining the terms of the agreement. It should include the amount to be paid and the payment due date.
  • Follow the letter’s instructions. If the settlement agreement is $4,089.98, pay that, don’t pay $4,090! If it is due by the 28th, paying on the 30th doesn’t cut it—if you need an extension on a settlement, you also need a new letter.
  • Maintain your documents. If the account surfaces in the future, you’ll be glad to have a copy of your settlement letter and proof that you paid it as agreed.
  • Remember that their goal is to collect as much as possible on the debt. Even if you are speaking with an attorney about the debt, they are not your attorney, and you should not expect them to provide legal advice that actually helps you.

How Can a Debt Settlement Attorney Help?

Receiving a summons on a debt you owe to Credit Corp Solutions, Inc. is a serious legal matter. It can lead to a judgment, wage garnishment, a lien against your home, and more. Your best move is to consider hiring a debt relief lawyer to help protect your rights and ensure you aren’t taken advantage of or make a mistake during the legal proceedings.

If you decide to work with an attorney, they will likely look at your entire financial situation and work to find a resolution that is affordable for you and minimize your legal risks. They may also identify alternate legal strategies to deal with the debt.

Did you know a debt settlement attorney can help even if you’re not facing a lawsuit?

You don’t have to wait until you receive a debt collection summons to begin working on a solution. By working with a lawyer familiar with debt-related matters, you can minimize the chances of a debt collection lawsuit happening in the first place.

Debt settlement attorneys may be familiar with the bankruptcy code, but they’ll usually pursue non-bankruptcy alternatives such as negotiating settlements with the creditors.

Your Rights When Dealing with a Debt Collection Agency Collecting for Credit Corp Solutions, Inc.

There are several laws that aim to protect consumers from unfair collection tactics. The most prominent is the Fair Debt Collection Practices Act (FDCPA).

The FDCPA regulates how debt collectors and collection agencies attempt to collect on debt from consumers. Among other things, it dictates when and how often a collector can call, prevents them from using explicit language, and more. The FDCPA states that debt collection companies may not state that they are going to take any action that they don’t actually intend to pursue and have the capacity to pursue.

This means that a debt collector cannot say they will have someone sent to your door with a lawsuit unless they intend to have someone come to your door with a summons.

This is where language becomes very important.

Here are two statements that a debt collector might make. In one scenario, the collector is making an empty threat. In the other, they’re really preparing up for a lawsuit.

Can you tell which is which?

“If you don’t enter into a monthly payment plan by the end of the month, I may have no choice but to consider sending your file to the attorney for review.”

“If you don’t enter into a monthly payment plan by the end of the month, the attorney will take legal action.”

As you can see, the first statement uses vague language, while the second statement is more direct.

“I may,” “review,” “for consideration,” and “potential,” are all words that collection agents will use to cover their bases and keep their collection agency out of trouble. They probably don’t intend to file a lawsuit when they use this language.

If you had a debt collector from a law firm say they intend to take legal action, take it seriously. If they used vague, waiver-like language, you might have more time.

If you understand the regulations surrounding collection agencies and law firms that collect delinquent accounts, it’ll be easier to know if their threat of legal action is real or simply meant as a scare tactic.

National Legal Center negotiates with collection agencies and debt buyers regularly. Complete this short form to discover options to deal with a summons from Credit Corp Solutions, Inc. and any other creditors you may have.

If you’re tired of struggling with debt owed to Credit Corp Solutions, Inc., you’ve got options. Call today and let National Legal Center help you #standuptodebt once and for all.

Are you struggling with debt? Use the form below to get in touch with us.

Struggling with debt? There ARE options. Request a free consultation today!

Person looking at a computer - debt

What to Do When You Can’t Pay a Merchant Cash Advance from Blursoft

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Merchant cash advances (MCAs) can seem like a lifesaver for small businesses in a bind. MCA providers like Blursoft, Credibly, and Reliant Funding provide businesses with a lump sum cash injection. The business then repays the advance with a predetermined percentage of their debit and credit card sales. This business financing solution is utilized by early start-ups or small business owners who would be unable to qualify elsewhere, potentially due to a bad credit score rating or unstable revenue.

MCAs are known to have very high fees and often lead the borrower into an unending cycle of debt. In fact, many people and regulators believe the practice should be banned. BUT proponents of MCA’s believe they serve a very real purpose by helping businesses (usually struggling businesses, to be specific) obtain the funding needed to keep the operation alive. They wouldn’t meet traditional lenders underwriting criteria, leaving MCA providers the only viable option.

Let’s take a closer look at this unique business financing solution and what to do when you can’t foot the bill.

What to Do When You Can’t Pay a Merchant Cash Advance from Blursoft

What is a Merchant Cash Advance?

A merchant cash advance, or MCA, provides businesses with access to a lump sum of cash in exchange for a percentage of their future sales. A merchant cash advance is not technically a loan. Rather than a financing agreement, the provider purchases a portion of the business’s future debit and credit card sales for a certain period of time.

Here’s how it works:

A+ Construction Co is six weeks into an 8-week project. Half of the project was funded upfront to cover labor and materials, and the other half is due upon delivery. Five weeks into the project, they hit a gas pipe, and the repair put them $8,000 over budget. This is fine, but the cost left the business owner struggling to cover payroll. They need funding to help them navigate the next two weeks until the project is complete. Since they can’t qualify for a traditional business loan, they reach out to companies that offer business cash advances like Blursoft, Credibly, and Reliant Funding to get the funds to meet payroll. After reviewing the available options, A+ Construction Co decides to get an advance of $10,000 with a 20% holdback. This means that for the next eight weeks, instead of keeping all of their credit and debit card sales, the vendor will take 20% of each sale until they’ve recouped the $10,000 they advanced to A+ Construction Co.

That’s not considering the fee, of course.

In addition to the initial advance, the MCA provider will also charge a fee for the transaction. This fee is usually expressed as a factor rate. For example, if A+ Construction Co gets an advance of $10,000 and pays back 20% of their sales with a 1.35-factor rate, they will pay back about $13,500 by the end of the eight weeks.

The biggest downside to merchant cash advances is that they are very expensive. The fees and repayment terms can translate to rates as high as 350%, which quickly turn what was meant to be a short-term solution into a long-term financial burden. Factor in the risks of a restrictive loan application process and contract, and the MCA proves to be a very risky and expensive form of business funding.

Also, unlike normal credit cards or personal loans, these types of agreements are usually not considered consumer debt. This means federal laws protecting consumers do not usually apply and the collection tactics can be more aggressive than they are with personal or consumer debts.

People looking at computer - debt

What’s in a Name?

When discussing merchant cash advances, we’re talking about an advance of money. As we shared before, they aren’t issuing a loan. Instead, they’re purchasing future sales. If that feels like wordplay, that’s because it is. This creative compliance allows the MCA provider to avoid licensing requirements faced by lenders. For the most part, MCA providers are not lenders, and a merchant cash advance is not a loan.

However

People say what people say.

Several other terms for business “loans” fall under this same umbrella. You may also hear of this approach to business financing referred to as:

business cash advance

business advance loan

business cash loan

business payday loans

vendor cash loan

merchant payday loans

vendor advance loan

small business loan

merchant advance loan

What happens if I can’t pay a merchant cash advance (Blursoft and other vendors)?

If you cannot make payments on your merchant cash advance, you risk several consequences. These can include penalties and fees from the provider, damage to your credit score, seizure of business assets, and legal action, to name a few.

Advances tend to have tense payment deadlines and high-interest rates, so it is essential to carefully consider your options before committing to one.

If you are struggling with your merchant cash advance or are struggling to make payments, there are several steps you can take. These can include exploring other financing solutions (ideally other conventional forms), negotiating with the provider for more favorable terms, or restructuring your business’s budget to accommodate the requirements of your advance.

If you’re still unable to get and stay current, it’s important to seek advice and guidance from a business debt settlement attorney. Do this as soon as possible to assess your business’s risk and find a solution that works for both you and your business.

Work With a Business Debt Settlement Attorney at National Legal Center

If you are struggling with a merchant cash advance or other debt, the experienced business debt settlement attorneys at National Legal Center can help. Our team works with lenders, creditors, and MCA providers to negotiate more favorable terms for your business and find solutions that fit your unique needs. Contact us today to learn more.

Struggling with debt? There ARE options. Request a free consultation today!

Settling Debt with Portfolio Recovery Associates

Settling Debt with Portfolio Recovery Associates, LLC

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If you’re among the millions of people who have received a debt collection letter or are being sued by Portfolio Recovery Associates, LLC, you’ve probably got a few questions hitting you all at once.

Is Portfolio Recovery Associates suing me?

Wait, who is Portfolio Recovery Associates, LLC?

Can I settle a debt with Portfolio Recovery Associates, LLC?

In this article, we’ll answer all those questions and more. We’ll explain the relationship between Portfolio Recovery Associates, LLC and companies like Credit One Bank, Resurgent Capital Services, and Credit Control, LLC. Then, we’re going to explore your options and touch on dealing with debt collectors in general. So, read on for all the information you need to know about settling debt with Portfolio Recovery Associates, LLC. and their affiliated companies.

Tired of dealing with debt alone? We’ll help you #standuptodebt. Request your free consultation. 

Settling Debt with Portfolio Recovery Associates

Who Is Portfolio Recovery Associates, LLC?

Portfolio Recovery Associates, LLC is a debt buyer. That means they purchase unpaid debts from other companies for a fraction of the amount owed. They then try to collect on those debts to earn a profit. So, naturally, their goal is to buy low and collect high.

Portfolio Recovery Associates, LLC is one of the largest debt buyers in the United States, so it isn’t uncommon to see their name when you have accounts fall behind and go to collections.

Once Portfolio Recovery Associates has acquired a debt, they have a few options that they can exercise right away or in the future. To name a few, they may:

  • Collect on the debt directly
  • Hire a third-party collection agency to pursue collections
  • Place the account with a law firm for collection and/or litigation
  • Do nothing
  • Resell the account to a different debt buyer

Is Portfolio Recovery Associates a Legitimate Debt Collection Company?

Yes, Portfolio Recovery Associates is a legitimate company. In fact, Portfolio Recovery Associates, LLC is one of the largest debt buyers in the United States. Portfolio Recovery Associates, LLC is a subsidiary of PRA Group, Inc. A previous iteration of the company was Portfolio Recovery Associates, Inc.

Just because they are a legitimate organization doesn’t mean you should let your guard down, though. We are a consumer rights law firm, and we encourage you to treat any call or letter asking you for money with a healthy amount of skepticism. The scammers of the world are known to piggyback off of other companies.

Double and triple-check to be sure you are truly communicating with the real Portfolio Recovery Associates, LLC before providing any personal information and falling prey to a scam. If it truly is a call, letter, or lawsuit from Portfolio Recovery Associates, LLC, they are indeed a legitimate debt buyer.

What Is the Relationship between Portfolio Recovery Associates, LLC and PRA Group, Inc.?

There are several entities working within the PRA-ecosystem. For example, when you have a debt that has been purchased by Portfolio Recovery Associates, LLC, you may also see PRA Group, Inc., or PRA Receivables Management, LLC.

With all these companies intertwined, it can get a bit tricky.

Rather than untangle the corporate web behind Portfolio Recovery Associates, LLC, suffice it to say that PRA is a debt buyer who also acts as its own debt collector.

Their various subsidiaries each play a role in their business processes. All have a deviation of the core “PRA” within their names and, for the most part, you’ll primarily see Portfolio Recovery Associates, LLC and PRA Group, Inc.

What Is the Relationship between Portfolio Recovery Associates, LLC, Credit One Bank, and Other Creditors?

Settling Debt with Portfolio Recovery Associates, LLC

Portfolio Recovery Associates, LLC purchases unpaid debt from lenders like Credit One Bank, SoFi, and others.

Once a debt has been purchased by Portfolio Recovery Associates, LLC, it is their right to try to collect on that debt. The original creditor no longer owns the debt, and all communication regarding the account will take place between you (or your debt settlement attorney) and the new owner of the debt or their collector.

Why Is Portfolio Recovery Associates, LLC on My Credit Report?

When Portfolio Recovery Associates, LLC becomes the new owner of your debt, their name will often appear on your credit report alongside the collection account. Their remarks may include their contact information, how long the account will remain on your credit report, and the account status, such as unpaid, paid in full, or settled.

Under the Fair Credit Reporting Act, they are able and expected to report accurate and verifiable information. If it is not accurate, if they cannot verify the information, or if it is not a valid debt, you may be able to remove Portfolio Recovery Associates, LLC from your credit report by disputing the remark. You’ll want to ensure the error is corrected with each of the three credit reporting agencies: Transunion, Experian, and Equifax.

One special thing about Portfolio Recovery Associates and credit reports, right now they have a business policy of asking the credit bureaus to delete any tradelines of resolved accounts from the consumer’s credit report. This means for the time being, once an account is settled PRA will remove their name and account history from the credit file. A business policy is not required, the law does not require this deletion. It does nothing to the original creditor’s tradeline. The policy could change tomorrow, there is no guarantee that they will continue to delete accounts after resolution, but of course we hope that they will!

What Should I Do If I Receive a Letter or Call from Portfolio Recovery Associates, LLC?

If you’re receiving calls or letters from a debt collector at Portfolio Recovery Associates, LLC or PRA Group, Inc., there are actions you can take and rights that protect you as a consumer in debt.

First, read the Attorney’s Guide to Reading a Collection Letter. This will explain the core elements of the letter you received and the laws that collection agencies need to follow when sending letters about collection accounts.

Then, determine your next steps.

Are you sure you owe the alleged debt to Portfolio Recovery Associates, LLC? If not, you might consider sending a debt validation letter. With a bit of research and legwork, you can attempt to do this on your own. If you’d like a free consultation with a law firm familiar with disputing debts, contact our team here at National Legal Center.

If you are sure the debt is valid, can you afford a payment plan to resolve or settle the account? Make sure any arrangement is affordable and doesn’t leave you falling behind on other obligations.

National Legal Center negotiates with companies like Portfolio Recovery Associates, LLC, every day. Complete this short form to discover options to resolve debt with Portfolio Recovery Associates, LLC, and any other creditors you may have on your credit reports.

Is Portfolio Recovery Associates, LLC a Debt Collection Agency?

Yes and no. PRA is a debt buyer. They purchase debt, and then they have their debt collectors call in an attempt to collect the debt. The fact that they own the debt does raise questions on whether they are technically a debt collection agency. The title of being a “debt collector” brings along many requirements under the FDCPA.

If you feel you’ve been harassed or like your rights have been violated by debt collection companies, National Legal Center is here to help.

Can Portfolio Recovery Associates, LLC Sue Me?

Settling Debt with Portfolio Recovery Associates, LLC

Yes, Portfolio Recovery Associates, LLC may be able to sue you for the debt you owe. A debt collection lawsuit can be a frightening experience that you should take seriously. If Portfolio Recovery Associates, LLC sues you, it is important to seek legal assistance as soon as possible.

Failing to respond to a summons can result in a default judgment being entered against you. At that point, you’re susceptible to having wages garnished, money taken from your bank account, seizure of personal assets, and more.

National Legal Center offers a unique consultation specific to individuals facing lawsuits to discuss your case and determine the best course of action for you.

Should You Negotiate a Settlement with Portfolio Recovery Associates, LLC?

When Portfolio Recovery Associates, LLC is contacting you about a debt, negotiating a settlement is one option to resolve the debt.

A settlement is where you pay less than the total amount owed on the debt, either in a lump sum or over several monthly payments. Once you pay Portfolio Recovery Associates, LLC, the account is reported to the credit bureaus as settled in full (or similar), and they should not take further action.

If Portfolio Recovery Associates, LLC has filed a debt collection lawsuit, and you’re considering settlement, things change a bit. Of specific importance is the timing of the settlement.

For example, if the settlement occurs after Portfolio Recovery Associates, LLC issued a summons, you’ll want to make sure you know whether the court hearing was canceled. If not, you may still be expected to appear in court, even if only to share the details of the settlement.

If you settle a Portfolio Recovery Associates, LLC lawsuit after a judgment was entered, you’ll want to have documentation that confirms they will file a satisfaction of judgment with the court.

While you can ask the representative at whatever law firm is handling the matter for Portfolio Recovery Associates, LLC, it’s crucial to remember that they are not your attorneys!

Instead, they represent the other party, so it’s good to be skeptical and confirm anything they tell you. After all, their job is to collect the most funds possible on the accounts they handle.

Negotiating a settlement is an excellent way to resolve a debt. Just make sure to cross your t’s and dot your i’s.

Tips for Negotiating a Settlement with Portfolio Recovery Associates, LLC

Here are some tips for negotiating a settlement with Portfolio Recovery Associates, LLC, or any other debt collection agencies:

  • Negotiate a settlement you know you can afford. Don’t over-commit yourself and fail to complete the terms of the arrangement.
  • Obtain a letter outlining the terms of the agreement, including the amount to be paid and the payment due date.
  • Follow the letter’s instructions. If the settlement agreement is $4,089.98, pay that, don’t pay $4,090! If it is due by the 28th, paying on the 30th doesn’t cut it—if you need an extension on a settlement, you also need a new letter.
  • Maintain your documents. If the account surfaces in the future, you’ll be glad to have a copy of your settlement letter and proof that you paid it as agreed.

How Can a Debt Settlement Attorney Help?

Receiving a summons on a debt you owe to PRA is a serious legal matter. It can lead to a judgment, wage garnishment, a lien against your home, and more. Your best move is to consider hiring a debt relief lawyer to help protect your rights and ensure you aren’t taken advantage of or make mistakes during legal proceedings.

If you decide to work with an attorney, they’ll likely look at your entire financial situation and work to find an affordable resolution for you and minimize your legal risks. They may also identify alternate legal strategies to deal with the debt.

Did you know a debt settlement attorney can help even if you’re not facing a lawsuit?

You don’t have to wait until you receive a debt collection summons to begin working on a solution. By working with a lawyer familiar with debt-related matters, you can minimize the chances of a debt collection lawsuit happening in the first place.

Can the Fair Debt Collection Practices Act Help with a Debt Collection Lawsuit?

Struggling with debt? There ARE options. Request a free consultation today!

How to afford living alone on a fixed income

How to Afford Living Alone on a Fixed Income

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Amid massive inflation and increasing housing expenses, many people can’t afford to live alone on a fixed income. If you’re a senior or a person with disabilities and rely on a fixed income, affording to live alone can seem impossible. But, with some creativity and planning, it’s possible.

You have unique concerns and considerations. You also have unique opportunities and financial strategies available to you. We’ll be looking at all that and more as we explore all the aspects of living alone on a fixed income.

Money Management Is Different on a Fixed Income

Fixed income written in a note.

Managing finances can be a challenging task. It requires careful planning, number crunching, and disciplined spending to stay within your budget. However, managing your finances is especially unique if you live on a fixed income. You usually need to stretch your dollars further and don’t have as much wiggle room or opportunity to increase income.

There are a few key money management tips that are especially important to people living on a fixed income:

Create a budget and stick to it.

Your budget is the foundation of your finances. It tracks income and expenses and gives every dollar a job. When you’re on a fixed income, it’s even more important to track your spending and account for every penny.

Review and reduce expenses regularly.

It’s critical to track your spending and regularly review your expenses so you can make changes where necessary. If you can’t afford to live on your current budget, it’s time to make some changes.

Always be vigilant of scams that target seniors.

Did you know that financial abuse may be costing seniors over $36 billion per year? Constant vigilance is necessary to avoid scams. From holiday scams and romance scams to imposter scams and identity theft, there’s no shortage of creativity when it comes to stealing money.

Make use of local and government programs.

A little bit of help can go a long way. There are several government programs available to seniors and people with disabilities. Some states offer supplementary income beyond SSI and SSDI. Nonprofit organizations can assist with food expenses and housing. Low-cost legal services are available through National Legal Center and Legal Aid.

Keep someone in the loop.

When living alone and managing finances on a fixed income, it’s important to bring someone else into the conversation.

It can be difficult to ask for help with managing finances. However, discussing your finances with someone you trust can make living alone on a fixed income possible. It goes beyond just having a second set of eyes looking over your money. It is invaluable to have a partner to brainstorm financial strategies with, monitor signs of fraud, and keep you accountable for your spending habits and savings goals.

Are you a family member or caregiver who helps someone with their finances? Get your free e-book: “How to Talk to Seniors about Finances.”

Emphasize your emergency fund.

Living on a fixed income can be unpredictable. Your monthly budget may be fine, but you could quickly find yourself in trouble if an unexpected expense pops up. That’s why it’s important to have an emergency fund that covers at least three to six months of your regular expenses.

How to Afford Living Alone on a Fixed Income

The Current Rental Situation in America

It’s no secret that housing expenses are on the rise. Unfortunately, that and inflation seem to be the talk of the town!

Rent.com recently published a powerful study that looks into the cost of rent across the country. The study reviewed ninety-seven different markets to compile a confident data set. According to the study, 97.7% of real estate markets saw an average increase in rental rates of 24.4% for one-bedroom apartments. One hundred percent of real estate markets saw an increase in rental rates for two-bedroom apartments, with a national average increase of 21.8%. That’s a lot of money to spend on rent, especially if you’re living on a fixed income!

  • The average rent across the country for a one-bedroom apartment is $1,684.
  • The average rent across the country for a two-bedroom apartment is $1,997.
  • The most affordable markets for a one-bedroom apartment are Montgomery, Alabama, at an average of $676 per month, and Toledo, Ohio, at $732 per month.
  • The most expensive markets for a one-bedroom apartment are Jersey City, NJ, at an average of $3,757 per month, and Boston, MA, at $3,664 per month.

What may be more concerning is that this high cost of rent is pushing people out of their homes and into suburban and rural areas. The suburbs and rural America have always been seen as more affordable options. With the current state of affairs, though, that’s not always the case.

How Much Rent Can You Afford When Living on a Fixed Income?

This answer largely depends on your unique financial situation. However, you can do a few things to get an idea of how much rent you can afford.

One option is to calculate your total monthly income and subtract all your regular monthly expenses. This will give you an idea of how much money you have left each month to put towards rent.

Another option is to follow the 30% rule to determine housing costs. Financial experts have often said that you should spend no more than 30% of your income on housing. Considering that the average SSI benefit is $1,657 per month, this would leave around $500 per month to allocate toward an apartment or house expense. Not very easy given the state of rental costs in our nation today.

How to afford living alone on a fixed income

Security Deposits, Utility Bills, and Other Expenses to Expect When First Living Alone

You should expect some additional costs when living by yourself for the first time. For example, you’ll likely have to pay for your utilities, internet, and cable, which can easily add an extra $100 or more to your monthly expenses. If you like to cook at home, be prepared to spend a bit more on groceries than when you were splitting them with someone else. This is especially true in the beginning, as you’ll need to stock up on staples and essentials.

Here are some common expenses when first living on your own:

  • Security deposit
  • First and last month’s rent
  • Pet deposit (if applicable)
  • Utility bills and deposits, depending on credit
  • Cable/internet/phone installation fees
  • Renter’s insurance
  • Groceries
  • Household supplies (toilet paper, detergent, etc.)
  • Furniture (dining table, bed, couch)
  • Moving expenses (packing supplies, moving truck rental, etc.)

Create a Budget to Afford Living Alone on a Fixed Income

One of the best ways to afford living on your own is to create a budget. When you create a budget, you’ll see how much money you have coming in and going out. This will help you determine what you can afford to spend on rent and other living expenses.

Several online tools and apps exist that can help you create a budget. These tools often ask for information about your monthly income and expenses. They then provide a breakdown of where your money is going and offer tips on saving more money. Budgeting apps are excellent for those who prefer to use technology to manage their finances.

If you’re not comfortable creating a budget online, you can also do it the old-fashioned way—with a pen and paper. Start by listing your monthly income from all sources. Next, list your monthly expenses, such as rent, utilities, groceries, transportation, and debt payments. Finally, list any one-time expenses you may have in the upcoming month, such as car repairs or holiday gifts.

Once you have your budget created, find where you can make cuts. For example, can you reduce your cable bill or car insurance? Can you cook more meals at home instead of eating out? Can you find cheaper ways to get around town? If so, put that money aside to pad your emergency fund or put it toward your monthly rent.

If your goal is to live alone, you should build your budget around that goal. First, focus on ensuring that you have enough money to confidently live alone. Does your income support the cost of living alone? If not, what monthly expenses can you reduce?

Will you need to earn more money to afford to pay rent on your own? What options do you have for earning income beyond social security? Considering these items when creating a budget can help you live on your own without relying on help from others to meet your financial responsibilities.

How to afford living on a fixed income alone

Increase Income and Save Money to Afford Living Alone

If you’re not quite ready to live on your own, or if you need to save up some money before making the jump, there are a few things you can do to increase your savings. While the budget you’ve created will help your financial stability, you’ll want emergency savings that you can rely on. When you have a savings cushion, you’ll be less likely to stress about monthly bills and unexpected expenses.

One way to increase your savings is to make small tweaks to your budget. For example, if you can find ways to cut back on your spending by even $10 a month, you can save an extra $120 over a year. You can also automate your finances, automatically transferring money into savings every month. This way, you won’t have to worry about forgetting to save or accidentally spending your entire paycheck.

Another way to increase your savings is to take on a side hustle. A side hustle is a job or project that you do in addition to your regular job. It is usually less formal than traditional part-time employment. Your side hustle can be anything from dog walking to freelance writing. Whatever you choose to do, the important thing is that it brings in extra money each month.

Several websites can help you find side hustles. Here are three resources worth considering that can help you earn extra money each month:

  • Uber.com is a website that connects drivers with people who need a ride.
  • Fiverr.com is a website where you can offer services starting at $5.
  • TaskRabbit.com is a website that connects people who need tasks done by people who are willing to do them for a price.

Our world is more connected than ever, and we have seemingly endless ways to find supplemental income. If you’re determined to live alone, finding ways to bring in more money each month is crucial in making that happen. Just be careful to consider your earning limitations when you receive SSI.

Be Cautious with Debt and Credit Cards

Living alone can be expensive, and if you’re not careful, it’s easy to fall into debt. Credit card companies are experts at getting people to spend more than they can afford. Before you know it, you’ve racked up thousands of dollars in debt that you’ll need to pay back with interest.

The best way to avoid credit card debt is to not have a credit card in the first place. If that’s not an option for you, be careful about how much you charge each month. Make a plan for how you will pay off your balance each month, so you’re never carrying a balance from one month to the next. This is also helpful for your credit rating. Keeping your balances low is an important factor in overall credit health.

If you’re already in debt, there are several things you can do to get out. One method is to create a debt repayment plan. This plan outlines how much money you will put towards your debt each month and how long it will take you to pay it off. Having a concrete plan will help you stay motivated and on track.

You can also speak with our team at National Legal Center about options to help you deal with debt. Our law firm offers several approaches to help people overcome financial struggles without bankruptcy, including low-cost options specifically designed for individuals on a fixed income.

How to afford living on a fixed income alone

Be Frugal, Live Well

One of the best ways to manage finances on a fixed income is to live frugally. This doesn’t mean you have to forgo all the things you love. It just means finding ways to enjoy life without breaking the bank.

Here are a few tips for living frugally and living well:

Cook at Home

It can be tricky to cook for one, so people who live alone tend to eat out more often. But, eating out is expensive, typically more difficult to keep healthy, and it’s easy to overspend on food. When you cook at home, you can control the ingredients, the portion size, and the cost. Enjoy these tips from a Registered Dietitian who lives alone about cooking for one.

Shop Second-Hand

There are several ways to save money by shopping second-hand. From clothing to furniture to appliances, shopping used can save you a lot of money. Don’t hesitate to purchase gifts second-hand, too. The holiday season can be hard on anyone’s budget, but that’s especially true for those who live alone on a fixed income. Items at thrift stores range from well-used to new-in-box.

Join a Club or Group

One way to have fun and save money is to join a club, group, or senior center. Though some require membership fees, others can be entirely free of charge. These organizations often offer free activities or have discounted rates for members. You can also take advantage of group discounts on travel, entertainment, and more.

Be Creative with Your Leisure Time

There are many free things to do in your community and beyond. Get creative with how you spend your leisure time. Explore your city (visitors centers are a great resource to find local attractions, and often offer discounts, too!), take nature walks, visit the library, or take up a new hobby. The more you do things on your own terms, the less you’ll rely on spending money.

Embrace Your Public Library

One of the best things about living alone on a fixed income is that you have more time to explore the truly important things to you. Embrace this “you time” by exploring your interests and finding new ways to entertain yourself. One of the best ways to do this is visiting your local public library. Libraries offer a wide variety of free activities, from book clubs and music lessons to seminars and social gatherings. You can borrow books, games, DVDs, and CDs. Some libraries even have culture passes that allow you to access a local attraction like a zoo or museum at no cost.

Living alone on a fixed income can be difficult, but it’s not impossible. With a few tweaks to your budget and some creative strategies, you can make living on your own reality.

How to afford to live alone on a fixed income

What to Do When You Can’t Afford to Live Alone on a Fixed Income

So what can you do if you want to live alone but can’t afford to pay the high rent prices? Well, there are a few things you can do:

Rent a Room (Occasionally)

Suppose you have some extra space and are not opposed to an occasional house guest, renting a room now and then is a great way to save on rent money. Platforms like Airbnb allow people to rent entire houses or even just a couch for a few nights to travelers looking for a place to stay.

Move to a Less Expensive Area

If you’re willing to relocate, you may find it easier to live in a less expensive market. Rent.com‘s study found that the most affordable markets for a one-bedroom apartment are Montgomery, Alabama, and Toledo, Ohio. However, that doesn’t mean you need to uproot and move across the country. Your current area may even have neighborhoods that can be much more affordable than others. A real estate agent familiar with your local area will be a valuable person to speak with.

Rent a Room (Always)

If you’re not comfortable having a stranger stay with you occasionally, rent a room long-term to someone you know. Having a roommate may mean you don’t have your own apartment, but when you pay only half the expense, it can be worth sharing space to save the extra money.

Live with Family or Friends for a Few Months

Don’t worry, we aren’t going to give up the idea of living alone entirely!

Suppose your financial situation doesn’t allow for single living yet. In that case, you might consider living with family or friends for a few months. You may need to contribute financially to living with others, so make sure you talk openly about finances before making any agreements. However, living with family or friends may allow you to save the money needed to get your own place.

Get Your Own Place (Occasionally)

Let’s say getting a place of your own is not financially feasible. You still can’t quite make the numbers work even with building a budget, reducing expenses, and getting a side gig. In that case, maybe you can get your own place on occasion. Rent a room at a local hotel for a week. Put the money toward a vacation just for you. By recharging from time to time, you may increase your quality of life while avoiding the major expense of renting your own apartment.

How to afford to live alone on a fixed income

Laws May Protect Your Fixed Income

In addition to good money management, it also helps to be aware of the laws that protect you and your income. For example, suppose you were to fall behind on your credit cards or other monthly bills. In that case, you could certainly face some consequences, but did you know that federal law protects Social Security income? Non-government entities cannot garnish it. If you manage your money carefully, you can also prevent protected income from being levied, or taken, from your bank account by a judgment creditor.

We don’t want you to fall behind on your bills, but if you’ve already fallen behind or are going to fall behind soon, it’s crucial to know how to best protect your income.

For additional information on protecting your income and assets when you’re on a fixed income, reach out to National Legal Center. Our knowledgeable attorneys can help you through your unique situation.

In Summary

Living alone on a fixed income can be difficult, but it’s not impossible. With some creative thinking and financial planning, you can find ways to make it work for you.

When you do make it out on your own, it’s important to enjoy your newfound freedom. It’s also crucial to be smart about your finances. Follow the suggestions we shared earlier about ways to save money and increase your net income while on a fixed income. Monitor your statements and be on the lookout for fraud and scams. Do all this, and you’ll be living comfortably in no time!

If you’re living on a fixed income and are struggling to keep up with your bills, reach out to National Legal Center for assistance. Our experienced debt relief attorneys can help you create a plan that will provide relief from your debt. Don’t suffer in silence – call us today!

Struggling with debt? There ARE options. Request a free consultation today!

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