Midland Funding is a big debt buyer and they typically buy deficiencies on cars that were repossessed, sold, or turned in. They buy the debt for 3 cents on the dollar and pay attorneys contingency fees to try to collect it. If you receive a law suit from them and they serve you, I can give you advice as it regards bankruptcy or trying to work out a settlement. Don’t roll over and let them get a default judgment and collect it via wage garnishment of a lien on real property. Fight back through aggressive representation and pay them a lot less than what they claim. A deficiency is an unsecured debt and will be treated the same way in bankruptcy as any other unsecured debt. Don’t let there aggressive tactics back you into a corner. Know your rights.