Midland Funding or Pressler & Pressler to Pay A Lot of Money

by Joseph Mullaney on August 11, 2011 · 4 comments

Our client came to us alleging that the junk debt collector Midland Funding, LLC and its debt collection law firm Pressler & Pressler, LLP violated the Fair Debt Collection Practices Act (FDCPA).  According to the federal lawsuit she eventually filed in New Jersey, she alleged that the debt collectors sued her for an alleged junk debt in a far away location where she could not readily defend herself.  She alleged that suing her in a far away location violated the FDCPA’s venue provisions that specifically provide where debt collectors may legally file debt collection lawsuits.

After filing suit, our client settled her damages for $5,750.00 to compensate her for her actual and other damages in dealing with an allegedly unlawful debt collection lawsuit filed against her hundreds of miles from her home.  Although the defendants did not specifically admit to any wrongdoing, she and Midland Funding and Pressler & Pressler could not determine reasonable compensation for our attorney’s fees and costs.  Instead, our client was forced to file a petition with the Court asking it to decide our reasonable fees and costs in providing her with professional legal services.

On August 11, 2011, a federal judge recommended that our client’s petition be resolved for $10,613.22 against Midland Funding and Pressler & Pressler.  The Court found that we should be paid this sum of money as compensation for our time and costs expended in her litigation.  Then, on October 28, 2011, another federal judge adopted those recommendations and entered an order compelling the defendants to pay us the $10,613.22.  Altogether Midland Funding and/or Pressler & Pressler will pay $16,363.22 to settle our client’s allegations that they violated the FDCPA.

Although a consumer’s damages and his or her attorney’s fees are highly variable when seeking damages under the FDCPA, Congress was certain in providing a tangible means of encouraging debt collectors to treat consumers fairly:  money.  While most consumers seeks our legal services just to stop unfair or harassing debt collection, any consideration for money they may be entitled to is just an afterthought.  But, often debt collectors only understand the “language” of money.  In passing the FDCPA, Congress hoped that the possibility of having significant sums of money extracted from their operations would keep debt collectors fair and honest.  Perversely, however, it still might be more profitable to violate the FDCPA than to comply.  More consumers must come forth to re-balance the scales of justice; debt collectors will not alter their behavior until it costs them too much not to.

Pennsylvania and New Jersey consumers who believe their fair debt collection rights have been violated are invited to click here for a no-obligation assessment of their consumer law matter.

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  • Jamie

    Congratulations on another win!  It is absolutely unfair practices to try to force a person hundreds of miles from home in order to fight a lawsuit, particularly for debts.

  • Anonymous

    The only thing these people (since corporations are people now) will understand is the loss of large sums of money. Unfortunately, the author is correct. More people need to come forward about these abuses, but many people still don’t know they have options.

  • Anonymous

    It’s true that crooks like this won’t stop without serious punitive consequences. I think it is true, though, that it is still costing them less to pay for wrongdoing when they get caught then it would cost them to stop.

  • sellmore

    I’m glad that you won the judgment but I really wish that the government would put fines and perhaps some other consequences in place.  They should have to pay more than legal fees, in my opinion.

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