![]() Consumer Financial Protection Bureau, for filing thousands inaccurate or unsupported debt lawsuits.Įncore and its subsidiaries have clogged the court system with frivolous debt lawsuits for years, and in 2015 they were finally held accountable. Encore paid $52 million in fines and consumer refunds following an investigation by the U.S. Therefore, the more aggressive Midland Funding’s approach, the more money Encore makes from each consumer.Ĥ. They know consumers who are struggling financially are more likely to fear debt collection efforts, or simply ignore them. Win a default judgment in court when the consumer fails to respond or show up to the court date (more than 90 percent of cases end this way). ![]()
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