[good.nelly]

Hi queenmama

Its better that you send a dispute letter to the bureau and LVNV. Ask them to remove the wrong credit information from your file. Enclose documents( not originals) to support your positon. Send the letters via certified mail with a RRR. Remember inaccurate and false information in your credit file can adversely affect your score.

Take care
Nelly

my boyfriend also has this company on his credit report. it's been there since may and we just recently got in contact with them. they said the debt was originally with sams club for 991 and they purchased the debt from them ( also called re-aging the debt) which from what i've heard makes it legal to collect debt. when he spoke to them on the phone they informed him that they were charging him 57 cents a day for every day he did not pay, including weekends. this brings the debt to over 1000. they also informed him that if he tried to validate the debt then they would assume that he was claiming the debt and would file suit if they did not receive payment.

my boyfriend and i have never been through any thing like this. he's now over 20,000 dollars in debt. some of those debts being from wrong choices but most of them from his parents who took advantage of his then nearly perfect credit. any advice in dealing with this credit agency and others like it would be greatly appreciated!

Validating the debt is NOT an assumption that you owe it. If they are telling you that, it's bogus. Send the DV letter, then the ball is in THEIR court to respond to it. If they don't, and sue him, take the copy of the letter to court. In that case, he can also counter-sue them for violation of fdcpa.

[Bossy4455]

Read everything I have said about them. They do not work with you, so it's no use to talk to them over the phone. They have broken several regualtions with me, over the alomost two years I have been dealing with them.

It is your right to have the debt validated. Send it, make copies, certified return receipt. Also, keep notes of all the conversations you have had. The more they think you know about your rights, the more they try to intimidate you. Don't be surprised if they don't fully validate, they didn't mine.

Get you validation sent, and you can go from there. You also need to send a cease and desist letter stating that they are to contact you only via the mail, not at work, etc. Keep us posted..KAren

Okay here goes. I had an account with Disney that was turned over to an attorney's office for collection. I verified amount due and we set up payments. I paid them on a monthly basis and after a year we agreed upon a settle amount which was $290.30 short of the full amount. The attorney's office sent me a letter stating the account had been settled in full. The letter was dated May 2006. In June of this year, over a year later, I get a letter from a firm called Eltman, Eltman and Cooper, P.C. They claim that their client LVNV Funding LLC purchased my acount from GE Capital and now I owe $3,383 which is more than the original debt. My orginal debt was for $3281. When I told them that I had settled the account in full with previous legal firm. They told me there was a computer glitch and the decimal was in the wrong place, that I really only owed them $338.36. They told me $290.30 was the difference in the settlement and the rest of $48.06 was interest. Can you please, please help me. Do I still owe this money to LVNV even though I settled with the original law office and have paperwork to prove it? These people do not sound legitimate to me. My credit report shows a derogatory note, $0 balance due, transferred to another lender, purchase by another lender but no mention of LVNV as the current holder of this account. Eltman and Eltman said all I have to do is fax them a copy of the settled in full letter from the original attorney's office and they will turn the account back over to LVNV for collection. I would greatly appreciate any advise you can give me!!!!

my question is this: is lvnv funding the same company as pinnacle?

i was informed that i was denied in renting an apartment due to a collection outstanding from lvnv. the manager at the apartment complex gave me a copy of my credit report and it showed lvnv in it. i've never heard of these people, let alone opening a credit card in 2003. after being informed more in this forum, i understand that they buy out old sears accounts. i recall from an old credit report (i no longer have it, i shredded most of my papers that are over 4 years old) that my sears account (which was opened in 1998, closed approx. a year later) said it was charged-off, closed account per consumer. i would also like to know more about what charge-off really means, and does it look like the SOL is closed from what i'm saying?

i have not received any letters from them whatsoever pertaining to collecting my debt (which i have gotten w/my other deliquent, but paid off accounts).

[Bossy4455]

Jackie- I am not sure about pinnacle, but it wouldn't surprise me. LVNV has many dbas to their list.

Pull up all three credit reports and see what is on there. If there are any you are not sure of, or LVNV is there, you can dispute that.

They do purchase old Sears debts, but I am sure that is not all they purchase.

And yes, that 1998 debt is way out of the SOL period

If you have questions, please ask..KAren

thank you i appreciate your input

[Bossy4455]

You are welcome, Jackie!! Karen--glad I could help

I just read this report and i also have lvnv funding llc on my credit report i am just trying to check my credit and cant because they need my account number from this company which i have never even heard of. Can any one out there help

Lvnv went into my husbands checking acct. this week9a Sears debt from 1o yrs ago.) and tried to take 5100.00 We by no means have that much $ in our acct. The bank would not allow them to take anything becuz my name is also on the bank acct. Then 8:30 this past Sat. morn., a man shows up and gives my husband some court docu. and asks if he may come inside to access the value of our furniture. We have a &yr. old girl. I am horrified that this comp. has the NADS to come right to the front door. I am furious...

[Law Student]

Laurie, call up your local court clerk and ask whether any judgment has been made against you. In any case, state law (though it differs state to state) has exemptions from judgment, and household furniture is usually one of them.

I've noticed, on all 3 cb's, LVNV funding, MYSELF! over $5K in debt? I think not! I'm suing the living $#IT out of their @$$es, like NOW! I've contacted several attorneys already to take the case, so tomorrow I should hear back from them.. I've HAD IT with these idiots![/size]
My advice to all- Get a lawyer FAST! these morons are fraudulent and they can all be in prison for it! AND sued, in the process! I'm suing for all damages as well, as a result of their negligence, fraudulent reporting, and the violations! So, I'll keep you all posted!
Alli

I recieved a letter today from a attorney saying this company is suiting me and I don't know who they are and have never heard a word from them. Who is this company?

[cajunbulldog]

Mickey they are a junk debt buyer/collection agency.Go to budhibbs.com for the latest info on them.Send a debt validation letter to them certified return receipt mail.You will also have to answer any summons they send to avoid a default judgement.

Make sure you know when you made the last payment to the actual debtor or anyone collecting on their behalf. That's very important. I have dealt with LVNV Funding on an old old account in which they reported I made a payment to the debtor just before the statute of limitations ran out on the collection, which they said the payment restarted the time running on the statute of limitations. Its garbage and fraud. They had on my bureau that I made that payment when I did not. Watch out for these people and don't take their word that you did something you didn't do. I am looking into this further with some help. Keep records, including anything received from any debt collector.