3 Proven Strategies for Dealing with a Midland Funding Debt Collection Lawsuits
With scores of people falling behind on debts, now’s the perfect time to start a debt collection agency, which requires little more than a phone and a computer. You’ll help retailers, hospitals, and credit card companies recover money they’re owed, and in return you’ll get a percentage of the collected debt.
Before starting, you need to fully understand the Fair Debt Collection Practices Act. Also research state and local regulations, such as licensing. Though not required, training or a degree in business or finance may add credibility to your company. Finally, realize that debt collection requires a certain amount of finesse, empathy, and resolve.
Midland Funding, CACH, LLC, Portfolio Recovery Associates, all file tens of thousands of debt collection lawsuits every year. In this video I provide consumers with three proven strategies on how to effectively deal with your debt collection lawsuit