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I have two collection accts. with Midland. One is for $870 and the other for $940 or so. I have disputed (the original amounts were incorrect) and they came back corrected and verified. Should I attempt PFD? If that's a no-go, should I PIF or just try to settle for a lesser amount. They send me offers every few months to settle for around $540 each. It's another 3 years before they SOL is up and I'd like to get them off/paid before then so I can get my credit back in order.

First, thank you all for your contributions to this site. So far it has been information overload (in a good way) I have not pulled my CR in many years until just recently and found this: My questions are: I have two TL's on my CR from Midland Funding, LLC with all 3 CR's Both are outside of the SOL for collection but fall off Aug 2015 and Dec 2016 for SOL for reporting. I never got any notices from Midland on either of these accounts. The reason being is because they evidently sent them to an address that I have never been associated with. I confirmed with TU that Midland was the CA that reported the wrong address. They also reported incorrect phone numbers. I have the call with TU recorded (legal in my state). They continue to report this address each month and that is obvious on the other two CRA reports based on dates of reporting – as recently as 10/24/2014. I have no idea how they would have gotten this address except the people there, coincidentally, have the same last name as I do but I do not know them (½ mile from me). What's even more interesting is that Midland updated my address on 9/17/2009 but no TL's showed up until July and Aug 2011 with “Open Dates” of 6/2011 and 7/2011 respectively. DOFD is correct on both accounts (11/08 and 3/10). Re-aging maybe? I have been at my current address for over 12 years (9 yrs at the time they first reported which was Aug and Sep 2011). A simple review of my CR would have given even a person with the most 'simplest' mind an indication of my then, and now, current address since it was the only one shown on my CR's for two CRA's reports and a very old address prior to that that was reported in 1997 on another. As to the phone numbers, one is for someone that lives about a mile from me (different last names and different than the people with the same last name – don't know them either) and another phone number for which the info was not available to the lady at TU. My phone number has been the same since 1996. My thoughts are the following: Begin by sending letter demanding the following: 1) Demand for Verification AND a Validation in same letter. Stating that I want signed contracts, copies of statements (both accounts are for CC's) 2) Copies of their Bill of Sale when they bought the loans (this was in 2011 for both or maybe 2009 according to the address update) 3) Copies of all correspondence sent to the 'fake' addresses 4) Dates and times of any phone calls made to those phone numbers they reported 5) How they obtained the fake address 6) DO NOT report the 'fake' address again after this notice. 7) That a complaint IS GOING to be filed with the CFPB 8) Do not contact me by any other means other than USPS as phone calls are inconvenient (of course I will provide my correct address) Then throw in the section of the FDCPA re: disclosing info to third parties and reporting false info to the CRA's for each month they have reported this 'fake' address. Maybe also re-aging due to the difference in the address reported date and the TL's dates for each month.. And this I saw on another thread here at CreditBoards: “Systematically sending FDCPA notification and dunning letters to old invalid addresses so as to avoid the ramifications of consumer disputes should be a FDCPA violation. Hope you get audited by the CFPB soon “ from ICANHASMUNY? Posted on http://creditboards.com/forums/index.php?showtopic=531999&hl=%20midland%20%20funding post #13. In this same letter I would add an ITS if no info is received within 21 days (or should it be 30?). I know they have forever to 'verify' and 'validate' but.... I would put in something to the effect that I want to request arbitration but there is no need to since both accounts' SOL's have run. Midland is also reporting as a “Factoring Company Account (debt buyer).” Any issues with that? Also, this may be related to Midland so I'll ask in this same topic – Midland may have sold these accounts but I doubt it because Midland has reported as recently as 10/24/2014, including the 'fake' address/phone number. I have three other CA's pulling my credit recently but I have no TL's from any of them on any CRA's: Enhanced Recovery 8/22/14 Experian Law Offices of Ed Overcash 7/31/2014 TransUnion Account Discovery Sys 7/22/14 TransUnion Midland pulled one on 7/4/2014 but I believe that to be legal since I have an “open account” with them. I know this may turn out to be a lengthy letter but under the circumstances (Midland using the 'fake' address originally and continuing to use it.) not sure how I can condense it. Any advice on the above? I think I have given enough info, but if anyone has any questions, please ask. Thanks in advance. Also** On another issue (I will start another topic but just want a quick answer) Does anyone think it's strange that BB&T would issue a 1099c Cancellation of Debt for the year 2012 for a repo that happened back in 2000? TWELVE years later. This question is for a friend – really, it's for a friend. Simple Yes or No or a link to any topics already here that I haven't researched yet. Thanks again.