Collection Agencies and Creditors

LVNV funding LLC purchases charged-off a/c from creditors

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Posted: Wed May 02, 2007 12:59 pm Post subject:

where do i find out where to get SOL for my state?

Guest

Debtcc Points: 100

Posted: Thu May 03, 2007 9:17 am Post subject: Help

I have a credit issue that I don't know how to handle. My name was used on an account and the co-signer handled all the payments. I actually worked for the co-signer..they stopped making payments and did not inform me..now I am getting calls everyday to pay this debt. Meantime it is ruining my credit. If the amount owed is 1800.00, what is the least amount a creditor can settle for? Any advice would be greatly appreciated. Thanks - Desperate

Jmix
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Posted: Thu May 03, 2007 8:18 pm Post subject: LVNV Funding

LVNV Funding purchases consumer debt such as credit card or retail debt, e.g. Sears & Roebuck. LVNV Funding is commonly known to use intimidating debt collection techniques like repetitive phone calls, collection (or dunning) letters, and reporting derogatory credit information on your credit report. _________________ Register today to encash debtcc points.

kat
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Posted: Fri May 04, 2007 7:17 am Post subject:

DevonSimmons
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Posted: Fri May 04, 2007 11:36 am Post subject:

Guest-here is a link for the SOL period,state by state at http://www.fair-debt-collection.com/SOL-by-State.html#T .To the other poster- I'm not sure what the least amount the collector will settle for-it varys. Some will do 60%,others less. They usually will offer a settlement offer, or you can go to sample letters here, and there are examples of letters you can send..KAren _________________ As long as you are alive, there's always hope

Bossy4455
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Joined: 27 Feb 2006
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Posted: Sat May 05, 2007 4:44 pm Post subject:

Does LVNV sue for old debt past the SOL? _________________ Register today to encash debtcc points.

Question
Guest

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Posted: Tue May 08, 2007 3:24 pm Post subject: LVNV & ARS National

As far as I am concerned, this company is unethical and they lie about everything. They have resorted to contaction family members in far away states under the guise of wanting to just talk with me. The harrass these people and when I talked to them, they agreed to let me pay $50.00 towards a debt settlement that is $1200.00. They said that on todays date 5/8/07 that that would be fine and when today came they totally denied the offer and said that they wanted their money in total within 48 hours. I don't have the $1200.00 and will not have it in 48 hrs. so what can I do? I have been unemployed for the last year and do not have access to funds in the amount of $1200.00, what can a person do, I was willing to live up to their original offer but how do you deal with dishonest people like this. I want to pay the debt off however don't harrass me in the process.

GaryLand
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Debtcc Points: 100

Posted: Wed May 09, 2007 5:44 am Post subject:

Gary please read the top two links in my signature and use the letter in the third link to mail to them.This letter will instruct them to validate the debt and preserve your rights under federal law. Please send it certified return receipt so you have legal proof that they received it. _________________ Cajunbulldog Keeping an eye out for consumers. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809 http://www.ftc.gov/os/statutes/fcrajump.shtm http://www.debtconsolidationcare.com/forums/about216.html Use this letter to protect your rights under the FDCPA myfairdebt.com & myfaircredit.com-Good source of case law in forums.

cajunbulldog
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Posted: Wed May 09, 2007 11:57 am Post subject:

LVNV can try to collect a debt past the SOL, but cannot take legal action. If they do, be sure and put in your answer to the courst that this is out of the SOL. LVNV, also, is known not to validate debts. I have been dealing with them for over a year, and their many agencies, and have yet to receive a full debt validation, just a computer generated paper they put out with one payment in 2004 and one in 2006. Be prepared for them to just pass their debt to another of their agencies, and start the debt validation process all over.Good Luck!!..KAren _________________ As long as you are alive, there's always hope

Bossy4455
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Joined: 27 Feb 2006
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Posted: Thu May 10, 2007 1:15 pm Post subject:

When LVNV purchases an old debt from Providian, does Providian give them all the account information including the signed written agreement card, and the details of all the accounting on the credit card? _________________ Register today to encash debtcc points.

Bea
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Posted: Thu May 10, 2007 6:16 pm Post subject: LVNV Funding LLc

I just received a letter from the debt free association stating that I have a lawsuit from LVNV FUNDING (ASGNE OF SHERMAN) but I have never received anything from this company about any debt owed and not to the extent of $3,630.00. What should I do?

Katrina Morgan
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Debtcc Points: 100

Posted: Fri May 11, 2007 11:03 am Post subject:

A collection agency (CA1) bought my account from another agency (CA2). I had about $470 left to pay CA2, but they said they closed my file and told me to call CA1. So I did and ignorantly set up automated payments to be taken out my bank account. Well the first payment of $55 + $5 convienence fee was taken out a couple days ago. After reading all these forums, I decided to place a "stop check payment" on the upcoming ones for June and July. Was that the right move? Now I'm deciding to send them a letter of debt validation. Would that be a good thing to do considering I already made a payment to them?

Guest904
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Debtcc Points: 100

Posted: Fri May 11, 2007 4:57 pm Post subject:

Katrina, verify the case in the local county where the case is filed. You will come to know if this is for a real debt and there is actually a legal case against you. If this is true, put a settlement offer to LVNV and make them withdraw the case from the court. Get the PIF letter after the debt is paid.

Bony

Joined: 22 Oct 2005
Posts: 291

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Posted: Sat May 12, 2007 2:04 pm Post subject:

As I have stated, I have been dealing with LVNV for over a year, and don't believe what they tell you! If I were going to settle a debt with them, assuming it's valid, I would ask for a paid settled letter BEFORE I made that settlement. I did not do this with another company, and they never sent me a letter. The problem is, if there is nothing in writing, they can "bundle" the remainder of your debt, and sell it again,then you are back where you started. To the other poster, I am not sure, but since you have made payments to them, they are assuming you have owened up to the debt. Law student can better answer this for certain. Good Luck to all of you!..Karen _________________ As long as you are alive, there's always hope