Today (Monday March 31st 2008) I received a Validation Notice from an attorney whose office is in Portland Maine. The Letter is an attempt to collect a debt that Midland Funding LLC in San Diego, CA claims I owe. I have 30 days from today to respond or they will assume that the debt is valid. The attorney will then send me a copy of the judgement against me unless I respond. The debt in question was from 10 years ago with Beneficial Finance. They charged it off in November.
In December '06 I received the first of several letters from Midland claiming to have purchased my debt from Beneficial. Midland went on to say that I now owe them and proceeded to apply their interest onto this debt. It is my understanding that a debt as old as this (approx. 10 years now) cannot be collected on. I don't know what to do here but I have 30 days from today to figure it out.
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