Are There Any Law Suites Aganist Midland Loan Services

Debt collection lawsuits are frequent in the current economic system. Midland Funding, LLC, one of the state's largest debt buyers, was sued yesterday by the Minnesota Attorney Full general Lori Swanson.

Swanson alleges that the visitor has defrauded Minnesota courts by filing imitation and deceptive affidavits—affidavits signed by "robo-signers."

The "robo-signer" problem

Midland Funding is a debt buyer—they buy former debts and endeavour to collect on them. In many cases, affidavits play a disquisitional role in these cases. Employees of Midland Funding submit affidavits with a diversity of assertions—but generally focused on establishing an private owns a certain account and owes a debt.

When an employee of Midland signs an affidavit, they are making sworn assertions based on personal knowledge that a person owes a debt. That affidavit is and so entered into testify equally proof of the declared debt. In many cases, it is the strongest evidence of an alleged debt.

In a recent case in Ohio, an employee of Midland admitted to signing over 400 affidavits a twenty-four hours. It is hard to believe that an private could sign 400 affidavits a solar day based on personal knowledge. Frankly, it is hard to believe one person could even read 400 affidavits a twenty-four hours earlier signing them.

Given that Midland has filed over xv,000 cases in Minnesota since 2008, the robo-signer consequence has a major affect on Minnesota consumers.

What to do if you take been sued by a debt heir-apparent

If you received a summons and complaint from a company y'all have never heard of, you lot may have been sued by a debt buyer.

If you live in Minnesota, you demand to serve a response (called an answer) to the complaint within 20 days of being served. If you exercise not respond to the summons and complaint, the other side can pursue a default judgment–which means your case would be over earlier it even begins.

If you would like assistance preparing an answer, or if you would like legal assistance with your case, please contact me.

(photo: http://www.flickr.com/photos/justkristin/198630375/)