Midland Funding: A Repeat Visitor To The Supreme Court
Mealey's (July 6, 2017, 2:56 PM EDT) -- In our prior story, Andrew Muller reported on a recent Supreme Court decision in which a dominant debt collector, Midland Funding, LLC, persuaded the High Court that proofs of claim for time-barred consumer debt don't violate the federal Fair Debt Collection Practices Act. That's a good victory for Midland Funding and other consumer-debt buyers. Interestingly, Midland Funding made another recent visit to the Supreme Court, with less satisfying results.
The credit card interest rate export case. In Madden v. Midland Funding, LLC, 786 F.3d 246 (2d...