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Posted: Mon Jun 23, 2008 9:41 pm Subject: Now the letters have started

I received a letter today from RPM saying that they are trying to collect a debt for LVNV Funding in the amount of $653.28. I have never done business with LVNV so I know they are not the original creditor. Has anyone dealt with RPM before? Any suggestions before I send off my DV?

Posted: Tue Jun 24, 2008 1:37 am Subject:

First of all, LVNV is a collection agency which must have bought a debt from anyone of your creditors and then appointed RPM for collecting the debt. It has been observed that LVNV buy junk debt from the creditors in lumpsum. So, it may happen that the debt they are looking for have past its SOL.

Hence the first thing you should do is send a DV to RPM with CRRR so that you can have a document of the same.

Posted: Tue Jun 24, 2008 8:29 am Subject:

Thanks Phoenix, do you know if LVNV and RPM work with online PDL's? I don't have any other debts and I recently closed my bank account due to PDL's when I found this site.

Posted: Tue Jun 24, 2008 8:56 am Subject:

Since LVNV usually buys old junk debt, it doesn't seem likely that it would be your recent PDLs. Is it possible that there was an old debt that you never cleared? Definitely send them the DV letter!

Posted: Tue Jun 24, 2008 9:18 am Subject:

Anything is possible so I will send the DV and wait to see what they come up with. thanks everyone

Posted: Tue Jun 24, 2008 9:43 am Subject:

Good luck with LVNV! They have a reputation of being very difficult. Keep everything documented and logged!

Posted: Tue Jun 24, 2008 10:28 am Subject:

Thanks frogpatch, I will

Posted: Wed Jun 25, 2008 4:34 am Subject:

Hi Bmblbe,

I think you should go through page
LVNV – Malpractices and Way-outs . This page will help you to tackle the most notorious and harassing collection agencies in USA.

Regards,
Phoenix

Posted: Wed Jun 25, 2008 6:18 am Subject:

Thanks for the great info phoenix. Everyday I am still amazed at this site and the level of experience and expertise. I truly hope I can be of help to someone someday.

Posted: Wed Jun 25, 2008 10:25 am Subject:

Just to clarify, LVNV (the parrent company) is a JDB, they use multiple CA's, primarily Resurgent Capital, as their collecting arm. There are about 15 different CA's that LVNV uses to collect as well as Attorney DC's that sue for them. LVNV does all the reporting on consumers CR's. When DV'ing one of LVNV's octopus arms, I would also send a DV to LVNV as well informing them that until they validate, collection efforts must cease. That would include them subbing it out to another subsidiary owned by LVNV. That's about the only way you can get LVNV on FDCPA violations. I also send a copy of the DV to their Corporate Consul. Now the best way to deal with LVNV is on FCRA violations. Primarily with their "Factoring Company" listing on TU. By listing themselves as a Factoring Company and the TL as an Installment account with fixed terms, they are able to poison your CR's for 7.5 years and by updating monthly make an old chargeoff look recent. By listing themselves as a Factoring Company, they are in violation of several sections of the FCRA:

Posted: Wed Jun 25, 2008 7:27 pm Subject:

Hi,

I think you should also go through the following page to get an insight to the different ways through which our community members have tackled harassing debt collection agencies: -

Are you harassed by any of these collection agencies? See how community members have tackled them

Phoenix

Posted: Thu Jun 26, 2008 4:25 am Subject:

different ways through which our community members have tackled harassing debt collection agencies: -

Unfortunately, that link only gives additional links to threads that have no real bearing on how to deal with LVNV. Just people posting the problem but no real solutions. They can be fought because I have read success stories on other forums. They are the only derogs I have on my CR's and I'm just now going into battle with them. I'll let you know how it turns out but I think I'm in it for the long haul.

Posted: Thu Jun 26, 2008 4:30 am Subject:

I might be wrong; however, I think our very own GoldenBast had a success story (of sorts) in her battle with LVNV? I think she sued for FDCPA violations and they settled out of court.

Someone let me know if I'm confused about that. I tried searching for the thread, but I must not be putting in the correct search words.

Posted: Thu Jun 26, 2008 8:37 am Subject:

LVNV Funding is a junk debt buyer. they bought your debt for pennies on the dollar. RPM collects on behalf of LVNV. What you must do is answer their letetr with a letter asking them to validate this debt, meaning to show proof that you actually oew them the money. I´m pretty sure they will not be able to provide this proof. thirty days after this letter has been sent if they have not validated your debt, follow it up with the same letter and wait another fifteen days, if they have not validated the debt by then follow it up with a letter letting them know they are violating FDCPA rules and must not only stop collecting on htis debt but must also remove all listings on your credit repoert. if they do not do this you can sue them in small claims court for $1,000.

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