I also have this on my credit report. It's probably a sear's account, I'm thinking at this point. Their number from their website is 888.665.0374. I located them by going to lvnvfinding.com Good luck

Link deleted as per forum rules - Vikas

how can i find out the last day of my activity and if it has been over 7 years since it has been on my credit report? if it has been more than seven years, am i still responsible to pay for it or should i request for it to be taken off?

LVNV Funding, LLC,
DBA/ Resurgent Capital Services, LP
Dba/ Alegis Group, LLC
Aka/ Sherman Financial Group, LLC
Fka/ Sherman Acquisitions
Aka/Ventus Capital Services

Addresses:
Bank of America Building
200 Meeting St., Suite #206
Charleston, SC 29401-3187

15 South Main Street, #600
Greenville, SC 29601
Phone: 888-665-0374-864-678-8421
Fax: 888-546-7697- 864-370-4998
(Phones ring at Resurgent Capital, Greenville, SC)

Websites:
lvnvfunding.com/
rcap.com/
resurgent.com/

Link made inactive as per forum rules - Vikas

i got the same thing from my credit report and it has been a year.. so now i got a year of bad credit.. err so mad.. hate this company.. dont even know what it is... they never contact me or even try.. but thanks to all your information..

[david]

Tim vu, send a letter to the company's mailing address and resolve the accounts. If the accounts have been shown incorrectly in your file, they need to remove as it is hurting your credit. Send it in writing and keep a follow up. You must get your debt validated or else explain the bureaus that the accounts are disputed so that they can run an investigation.

I never had an account with this company...does anyone know who they are? they posted a negative credit on my account

[curlycarl]

Artie

LVNV Funding is a collection agency that gets hired by the creditors for some defaulted accounts. It seems that one of your unpaid accounts of the past has been sent to this collection agency for recovering payments.

Send a debt validation letter to LVNV FUNDING LLC asking for the details of the account for which they listed themselves in your file. The company must give you the details of the account for which your past creditor might have hired them. If they send you any details about the account, review it properly before you make a payment agreement.

If you find the item incorrectly shown in the statement, dispute on it. They will get the item verified with your original creditor.

[Jedi Mistress Ari]

They are a client of Protocol Recovery Services, they do purchse charged off retail accounts. Haven't heard anything bad about them yet.

From my experience with LVNV, they are a collection agency...but they do not try to do any collecting on their own...they send their accounts to various different CA's and attorneys to collect...yeah another example of a CA collecting for a CA.

[TMD]

I just found out this company used to be Alegis group/Sherman Financial...they changed their name, yet again!

My case is similar to the some of the cases above and on other sites, I got my credit report and it shows a/c seriously past due $ 9491.000 Original
creditor SEARS. I tried to call the above tel no: but the call does not go through and I am not even sure if the address is correct. Can someone help me with the phone no and address so that I can call or send them a letter and resolve this issue and have this removed from my credit report because it is hurting me.My email is

email address removed as per forum rules - Vikas

I just got my credit report and it just says that I owe $87. I don't even know what it is for. There is no address or phone #. Now I have both and can pay it off. Thank you for the info.

I am dealing with this same company. Out of the blue I get a notice from them claiming I owe them money from 1991, using my married name, but I didn't even have my married name until '92. There is something very fishy about this company. Have you found out anything more?

[TMD]

Sandiduff...sounds like your account is out of the SOL period. Check and see what is the date of last activity on that account, if it is back in '91 or '92, it is clearly out of the SOL period. If you pay on it, that will start all over. As of right now, if it is out of the SOL, it can be disputed with the credit bureaus and removed from you report.

[whtlion]

these are junk debt buyers they buy out of date and many times charged off debts for pennys on the dollar. ARI they are bad they are the lowest of the low and will use all kinds of tatics to harrass you.
the first thing you need to do is know the statue of limitations in your state, many times the SOL has expired and they will hope you do not know that.
i recieved a letter form them a few months back about a sprint bill that was over 8 years old stating that they are attempting to collect a debt for LVNV Funding LLC. <sherman>
The original debt was owed to Sprint.
The letter stating my outstanding debt of 561.46
It says they represent the above client LVNV,
Now it was a long time ago that I had sprint I would guess 8 years.
And I am really not sure that I had ever paid this debt off.
Anyway the letter is giving me three options to pay.

1) Is paying 50% of debt owed
2)three installments equivalent to 70% of total debt owed
3)monthly payments

there are a few options
1)send them via certified mail a debt validation letter this is where they must prove to you with original paperwork that you indeed owe said debt <many times they cannot produce this> i take no credit for this sample letter as it was takin froma website i had found.

September 10, 2005

Your Name
123 Your Street Address
Your City, ST 01234


ABC Collections
123 NotOnYourLife Ave
Chicago, IL

Date

Re: Acct # XXXX-XXXX-XXXX-XXXX

To Whom It May Concern:

I have received your letter where you claim that I owe a debt to you and/or your company. This letter is being sent to you in response to your attached collection letter. This is not a refusal to pay, but a notice that your claim is being disputed by me. I do not recognize your company and I do not believe I owe you or your company this debt.

Under the Fair Debt Collections Practices Act (fdcpa), which I assume you are aware of, I have the right to request validation of the debt you say I owe you. I am requesting proof that I am indeed the party you are asking to pay this debt, and there is some contractual obligation which is binding on me to pay this debt. Below are a few questions to answer which may help you to resolve these mistakes.

In addition to the questionnaire below, please attach copies of:

· Agreement with any of your clients that grants you the authority to collect on this alleged debt

· Agreement that bears the signature of the alleged debtor wherein he agreed to pay the creditor.

· Any insurance claims been made by any creditor regarding this account

· Any judgments been obtained by any creditor regarding this account

Best regards,


Your Name

--------------------------------------------

Debt Validation Form

Questionnaire to be returned to me for Account #<insert account number here> Original Creditor's Name:

Name of Debtor:

Address of Debtor:

Balance of Account:

Date you acquired this debt:

This Debt was: assigned purchased

Please indicated any credit bureaus to which you have reported negative marks:

Experian ______

Equifax ______

TransUnion_____



2)send them a Cease and Desist based on the expired SOL which i believe applies to the state you are currently living in again i take no credit for this sample letter.

NAME OF COLLECTION AGENCY
123 Fagetaboutit Ave
Chicago, IL 60555

17 April 2022

RE: Account # 1234567890

Dear Sir or Madam:

As per Federal Law (The Fair Debt Collections Practices Act, Section 805) I formally request that you CEASE and DESIST ALL your efforts to collect on the above referenced account and debt.

You are hereby instructed to cease collection efforts immediately in any way, shape or form, this includes phone calls, letters, faxes, third party contacts, internet, calling my place of employment, contacting my friends, neighbors or family members.

If you fail to follow my Federal rights as per the FDCPA I will make sure that you face legal sanctions under applicable Federal and State law.

Do NOT call me, write me, contact my relatives, friends or work place in any way after you receive this letter because that will mean you are violating FDCPA and I will not hesitate to sue you for Federal Law violations which allow me to sue you for $1000 per violation as I'm sure you're already aware.

I will not hesitate to file complaints with the Federal Trade Commission, my and your Attorney General's Office and seek legal action personally if you ignore this letter!

GIVE THIS LETTER THE IMMEDIATE ATTENTION IT DESERVES.

Regards,

the above sample letters were from creditinsiders website.

the above letter is what i sent and have never heard anything back from them.

this is my first post im sorry if i repeated any answers. i just know how i felt when i recieved there letter and had i not reserched it i would have paid them for a charged off out of SOL debt.
you will have to excuse my grammar and puncuation english was not one of my strong suits

[david]

whtlion, welcome on the board! You have offered your help to the people right from your first post. This is really great. We all will appreciate you showing active participation here and suggest with valuable ideas.

The debt collectors mainly prey on the innocent people who do not know much about handling their debt related problems. SOL is one of the weakest weapons for the debt collector when people are aware about the laws and the debt goes out of the statutes. It is a must that we should not make any payment without checking the SOL. Sometimes, age old debts do not need to stay in the credit report after 7 years. They also get deleted from the credit report after this period. But a collector suddenly contacts a person with this account and the person pays them in panic. This is all that the collector wanted. Not only the SOL has been renewed on this debt and all the legal collections have been valid, but also, this account will confirm its negative stay in the credit report for another set of years. And the worst part is that you will have to pay it in order to avoid any legal actions.

Know the statutes in your state before making any payment agreement.