by Gordon Lusky | Feb 8, 2019 | Common Creditors
Midland Funding LLC is one of the largest buyers of outstanding debt. Midland Funding LLC generally buys debt after it has become over 180 days past due. Once a debt goes that long without payment, the original creditor may charge off the debt and sell the account to... 
by Gordon Lusky | Feb 8, 2019 | Common Creditors
Portfolio Recovery Associates, also seen or referred to as PRA, is a large scale debt collection company. Similar to other debt collectors, Portfolio Recovery purchases “bad debt” from financial institutions and attempts to collect on this purchased debt.... 
by Gordon Lusky | Feb 8, 2019 | Common Creditors
Have you been sued by LVNV Funding LLC? Not sure who they are? LVNV Funding is a debt collector that purchases debts from the original creditor. If they are unable to collect on the debt, they will hire local counsel to file a lawsuit. A large amount of these lawsuits... 
by Gordon Lusky | Feb 8, 2019 | Common Creditors
CACH LLC is a debt collector who has purchased bad debt from previous creditors. If you have debt which has been “charged off”, this is considered bad debt for the original creditor because they feel they can no longer collect on the debt. Once the debt is...