Midland credit – An overview

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Feb 132017

The debt collection industry is a lucrative market that has existed for as long as there has been debt. In fact, as of May 2016 the outstanding U.S. consumer debt recorded at$3.4 trillion, with total revolving debt at$929 billion. Midland Credit Management (MCM), wholly owned by Encore Capital are one of the biggest players in this market.

MCMand their Other Affiliates, (Midland Funding LLC, Midland Funding NCC-2 Corporation, MRC Receivables Corporation, Midland Recovery Corp) operate as a third party collection agency, essentially debt buyers. Lets say you have a defaulted credit card bill for $3,000 Midland fundingcould buy it for as little as $300.According to their website, accounts areviable for purchase when:

1.An account has gone at least 180 days without making a payment.2.Someone paid less than the minimum monthly payment for at least 180 days, and the original creditor wishes to sell the right to collect on the account balance.

At this Point MCM will now attempt to collect the full $3,000 owed. If you see any of their associated names on your bill, take comfort that this is a highly established and reviewed company. Who hashelped over 2 million consumers gain control of their financial obligations.

MCM created the industries first consumer bill of rights, using their dominant position in the marketto be pioneers in consumer-agency relations. This holds them accountable toa transparent level of conduct, outlined in the 5 articles that make up the bill. Furthermore they established an independent body of research, the Consumer Credit Research Institute (CCRI). CCRI takes an economical and psychological look in the role of debt and the mind-set of debtors.

This information plays an informative role for consumers looking to break harmful cycles, as well as providing a ‘bridge to understanding’ that could lead to better business practice. The avoidance nature of many debtors creates a litigation dilemma that Encore capital and its subsidies are oftencaught in the centre of.

So if you failed to make payment on the $3,000 owed the account would go back to Midland Funding who would then send it to a lawyer. Now if you are like 90% ofpeople this happens to and don’t show up, the court will most likely rule in Midlands favour. Midland can nowcollect through othertactics, likewage garnishing orlevying your bank account.

The problem is when debt is bought by the millions, lots of information is lost in transaction. Documents like the original application papers areall lost, all that is known is who to contact and for how much. This means many are being charged unlawful amounts.

from around 2011-2015 Midlands where accused of abusing the law system taking advantage of debtors silence and taking cases to court for a quick pay day. Midlands argued that the cost of taking cases to court made it a last resort move only. However in 201423,284 cases were filed in New York alone. By2015 Encore was sued for malpractice andforced to pay a $675,000 penalty, and vacate more than 4,500 court judgments against borrowers.

Many people who have challenged the amount held against them, have found that Midlands do not have the paper work to account for additional charges. So if you have relations with this collection agency or similar collection agencies, it is worth the time to challenge the amount they are asking for. additionally if they take you to court, it is in your best interest to go and defend yourself to ensure they have the legal right to collect.

This company is legally accountable for its actions and operates under principles of transparency and social integrity. So if they have a legitimate account against your name,engage with them and their research so that they can lead you back into financial control.

Ways Of Dealing With Abdominal Pains

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Jan 152017

For many people, pain in the abdomen is not something unusual. In most cases, it is just gas, so there is no need of worrying. Even if the pain comes with diarrhea, there is no need of taking any medication because things will get better naturally. However, you should be concerned if the intensity of pain is unusually high and lasts longer than it normally does. For instance, you may want to visit a local medical facility if the pain does not go away after a few hours. If you experience stomach pains with accompanying symptoms like fever, it is important that you consult a doctor. 

Getting Rid of Lower Left Abdominal Pain
Any pain in lower left abdomen may be a symptom of kidney stone. If symptoms like lower right abdominal pain, difficulty urinating and inflammation accompany the pain, you may have urinary tract infection. Kidney stone symptoms in women could also be caused by gas if it moves around. Middle back pain together with lower pain may be an indicator of a serious infection, so you may need to visit a health care facility for prescription antibiotics and medical advice.

How to Get Rid of Gas Pains
There are many home remedies for gas. Mothers from all over the world have been using these remedies on their children for generations. All you need to do is take warm water or tea, or relax in warm bath water. Some people claim that taking salt mixed with hot water works for them. Herbal teas are also known to be very effective. When you relax your muscles, the body releases excess gas quickly and effortlessly. Another effective method of forcing gas out of the body is by ingesting bicarbonate tablets or drinking a solution of dissolved bicarbonate tablets.

Dealing With Stomach Pain After Eating
When you experience pain in the stomach after taking a meal, this could mean that you ingested something bad. The pain could also be due to hyper-acidity caused by overindulgence. Strong foods that have caffeine or citric acid can also cause a reaction in the stomach, which may cause a lot of discomfort. At times, alcoholic beverages can cause terrible stomach pains when consumed, and the best way to relieve the pain is through vomiting.

How to Suppress Upper Left Abdominal Pain
Appendicitis is the most serious type of pain in the upper left part of the abdomen. Symptoms of this problem include severe pain that may cause inflammation. This medical problem is caused by accumulation of bacteria in the appendix and can cause a serious problem if the appendix explodes and poisons the blood. In such cases, the appendix may need to undergo surgery to deal with the problem.

Heartburn and stomach pain

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Aug 212014

How to get rid of gas in the stomach? This is for most people the worst experience they can get especially when they are in a party. It causes discomfort and you may be looking for a solution to the same.

How about something you can make part of your diet and you have the problem fixed? Pumpkin works well in making digestion efficient to the last bit of food. Pumpkin is an antioxidant which makes digestion good and rids the stomach of all gases. At times, stomach pain may be caused by indigestion mostly after eating.

Therefore stomach pain after eating maybe as easy to treat as getting a pumpkin as part of your diet. If the pain is caused by constipation which is as a result of indigestion, then no more of the pain, because pumpkin takes care of that. Indigestion can also cause heartburn. what does heartburn feel like? It is a burning sensation proceeding from the chest to the throat and may get to the mouth. For some people acid works to cool it, and vinegar might just be the remedy.

Don’t Ignore Stomach Issues

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Jul 062014

If a person has suddenly started developing lower left stomach pain, or lower right abdominal pain, and they haven’t had a recent change in their lifestyle that could have caused the pain, then it is time for them to go see a doctor. People need to see a doctor, because the human body is not designed to constantly be in pain.

When the human body is constantly in pain, it is in pain because it is sending warning signals to its owner to let them know that whatever part of the body that is in pain is on a path to breaking.

It is never a good thing for a person to let their body reach its breaking point. This is why people should never be afraid to go to a doctor and have them check them out if they are experiencing constant stomach pain. If a person goes to a doctor, they can quickly find out what is wrong with them, and take the necessary steps to fix their problem.