W.Va. Sues Encore Capital Units Over Debt-Buying Actions

Law360, New York (March 08, 2012, 10:07 PM ET) -- West Virginia’s attorney general sued two subsidiaries of Encore Capital Group Inc. on Thursday, claiming the debt buyers use false mass-produced affidavits to get default judgments against consumers.

Encore subsidiaries Midland Funding LLC and Midland Credit Management are among the nation’s largest debt buyers and have bought about $54.7 billion in old consumer debt in recent years, according to Attorney General Darrell McGraw.

Midland regularly uses false affidavits as proof of consumer debts in lawsuits against individual citizens in order to obtain judgments against or extract...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers