VACATE

02F-BD023-BNK · State Banking Department · 2002-03-08

IN THE OFFICE OF ADMINISTRATIVE HEARINGS

|In the Matter of the Denial of the | |No. 02F-BD023-BNK | |Collection Agency License | | | |Application of: | |ORDER VACATING HEARING | | | | | |MIDLAND CREDIT MANAGEMENT, INC. and| | | |CARL C. GREGORY III, PRESIDENT | | | |4310 East Broadway Road | | | |Phoenix, Arizona 85040 | | | | | | | |Petitioners. | | | | | | |

Pending before the Office of Administrative Hearings is the Arizona State Banking Department’s (the “Department”) February 27, 2002 Notice of Settlement and Motion to Vacate Administrative Hearing, submitted through counsel. The Department requests that the hearing in this matter, currently scheduled for March 29, 2002, be vacated for the reason that the parties have reached a final settlement. Sufficient cause appearing, IT IS HEREBY ORDERED VACATING this matter from the calendar of the Office of Administrative Hearings. IT IS FURTHER ORDERED remanding this matter to the Superintendent of the Department for further action.

Done this day, March 8, 2002.

_________________________________ Daniel G. Martin Administrative Law Judge

Copy transmitted by mail this _____ day of _________, 2002 to:

Richard C. Houseworth, Superintendent Arizona State Banking Department ATTN: June Beckwith 2910 North 44th Street, Suite 310 Phoenix, AZ 85018

Craig A. Raby Assistant Attorney General Office of the Attorney General 1275 West Washington Phoenix, AZ 85007

Barry R. Barkley Midland Credit Management, Inc. 5775 Roscoe Court San Diego, CA 92123

Carl C. Gregory, III Midland Credit Management, Inc. 5775 Roscoe Court San Diego, CA 92123

By _______________________________ -----------------------

Office of Administrative Hearings 1400 West Washington, Suite 101 Phoenix, Arizona 85007 (602) 542-9826