Georgia has joined 41 states and the District of Columbia in reaching a settlement with Encore Capital Group Inc., one of the nation’s largest debt buyers, and its subsidiaries Midland Credit Management, Inc. and Midland Funding, LLC.

“Robo-signing by Encore Capital Group Inc. and its subsidiaries was unjust and hurt consumers,” said Georgia Attorney General Chris Carr. “I am proud of our Consumer Protection Division’s work throughout this process to protect the citizens of Georgia and hope this action sends a strong message to debt collectors that this behavior will not be tolerated.”

Debt buying involves buying and selling overdue debts from creditors and other account owners.


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