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

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Posted: Sat Dec 29, 2007 1:59 pm Post subject: ...part two of two

Bossy4455 wrote:

BTW- |Don't give them your employer info--or any bank info!!

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This was a little too long to post intact, so I broke it into two parts...
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"But what if I owe the debt, and want to pay it?"

Fine, pay it. But not without protecting yourself. That means you don't send'em dime one without full, reasonable validation. Just because you owe Sears [for example] ten bucks does not mean that this collection agency has the legal authority to collect it.

"They said they'd mark it Paid in Full if I send them half..."

Did they validate the debt as required under the law? If not, how do you even know you're paying the right people? They've offered you a deal? Splendid! Get it in writing, on paper, or it's not a deal. Memories of telephone conversations fade with time. Some collectors might even [gasp!] lie and say they never said any such thing. Handwritten notes are better, but still open to interpretation. Taping calls works, but it's not legal in all states. Tapes can also get shredded in your player occasionally. Email is *maybe* OK, but it's volatile. If your hard drive dies, so does your proof. Email is also very easy to forge.

"Gosh, Wulf! Aren't you paranoid?"

Yes. Next question.....

"All that seems like a lot of hassle. I just want to pay this debt and forget about it."

Oh, why didn't you say so? You can take care of that at your local branch of Wulf's Bank. Look for a leather-clad, bearded man on a motorcycle parked down the street from your home or office. He'll be happy to take your payment. Small, untraceable bills preferred.

Seriously, folks. Protect yourself when dealing with collectors. Avoid becomming a victim.
_________________
Wulfisms: my blog

The four 'no's of dealing with collectors:
No validation? No payment. No way! No kidding!!

Tellin' you all the zomby troof
Here I'm is, the zomby woof
[Frank Zappa, 1988 - R.I.P.]

unclewulf
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Posted: Sun Dec 30, 2007 3:21 pm Post subject:

Uncle - Im diggin your style and your vast knowledge. Educate away my friend - the more knowledge we have; the better.

hvn_sent

Joined: 21 Sep 2007
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Posted: Sun Dec 30, 2007 4:33 pm Post subject:

I do what I can. It's little enough. And I use whatever tool works to do the job. _________________ Wulfisms: my blog The four 'no's of dealing with collectors: No validation? No payment. No way! No kidding!! Tellin' you all the zomby troof Here I'm is, the zomby woof [Frank Zappa, 1988 - R.I.P.]

unclewulf
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Posted: Sun Jan 06, 2008 11:59 pm Post subject: LVNV Funding

Yes, I too was reviewing my credit report and noticed that the company is on my report twice for over 7000.00 and I an unaware why. I will ahve to call and inquire tomorrow. I hope to get a logical explanation

Bridgett Muhammad
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Posted: Mon Jan 07, 2008 7:58 pm Post subject: Thank U

I had the same problem. David, thank you for the sample letter.

y
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Posted: Tue Jan 08, 2008 4:31 pm Post subject:

I made alot of mistakes early in my adult life and have a poor credit score to show for it. I recently got my credit report now that I am doing alot better for myself and I have 5-6 outstanding debts shown from lvnv and other companies like them. What would be the best way for me to go about getting all the junk off my credit report. Most of the bad debt stems from 2001 - 2003. Creditors call my all the time..how do I know they are ligit and are not just some id thief trying to gain my credit card numbers and vital info???

JDog
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Posted: Tue Jan 08, 2008 4:39 pm Post subject:

In the first link in my signature is a template for a debt validation letter. Send it to them certified mail, return receipt requested. Also include (if it's not already) for them to not contact you by phone and to only contact you via mail. Once they receive the letter they must cease all collection activity until they can produce said validation. _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Fri Jan 11, 2008 7:46 am Post subject: Close this case

HI, I'm Rick , I recieved a court date of 1-15-08. Can I do anything to resolve this matter before then. contact me at Phone number removed.Cajunbulldog

Rickie Grooms
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Posted: Fri Jan 11, 2008 1:21 pm Post subject:

Mr. Grooms, I believe you have the wrong entity. If you are trying to contact LVNV Funding then you will need to call them (as we are in no way affiliated with that entity) Their website is lvnvfunding.com You can get contact information from there. _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Mon Jan 14, 2008 4:17 am Post subject: Close this case

I have a court date tomorrow with these people. What should I do, today, tonight beforer tomorrow?

Rickie Grooms
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Posted: Mon Jan 14, 2008 5:01 am Post subject:

I take it you haven't got an attorney, or we wouldn't be having this conversation... Have you demanded validation of the debt you're being sued for? If not, make sure you ask for it in discovery. You're entitled to that before paying. If they can't produce it you can ask the judge to dismiss the case with prejudice, meaning that they can't sue again over the same debt. From what I understand, LVNV usually cannot produce validation. Good luck to you, let us know what happens. _________________ Wulfisms: my blog The four 'no's of dealing with collectors: No validation? No payment. No way! No kidding!! Tellin' you all the zomby troof Here I'm is, the zomby woof [Frank Zappa, 1988 - R.I.P.]

unclewulf
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Posted: Mon Jan 14, 2008 7:18 am Post subject:

If they produce one of the Sue Argentieri or Allison B. Moon affidavits be sure that it is objected to as hearsay. Unless taken as deposition affidavits are worthless if the person is not there to testify to it. (Only if you object does that come to light though) _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Tue Jan 15, 2008 6:52 am Post subject:

Is there any regulations on how many times your debt can be re sold to another collection company if prior agencies efforts have failed to settle the debt?

hvn_sent

Joined: 21 Sep 2007
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Posted: Tue Jan 15, 2008 7:05 am Post subject:

Hvn_sent, where LVNV Funding is concerned it probably hasn't been resold, they have a habit of just farming it out to other CAs which they use as cannon fodder. If you send them a DV letter or they get in trouble then they just pull it back and reassign it to another agency. They do this also hoping that you will eventually cave in and just pay it. My debt with LVNV funding started with them obtaining it and not doing anything with it until I called them in early 2007 requesting validation with an interest in paying it once they provide me with validation. They can't validate it so they farm it out to allied interstate. I DV Allied Interstate and so they pull it back and assign it with Weltman Weinberg, and Reis. I inform them that I had requested validation and that they also don't have any attorneys licensed to practice law in my state so they cannot legally contact me anyway. LVNV pulls it back and assigns it with Northstar Group (a collection agency that refers to themselves as a "third party location that is there to establish relations with debtors and creditors" and they state they are not a CA when in fact they are) Needless to say they send me a letter stating they are attempting to validate and it may take some time, which means LVNV pulls it from Northstar and assigns it to Frederick J Hanna and Associates who I requested validation from (again!) and informed them they don't have any attorneys licensed to practice law in my state. I originally contacted them requesting validation so I could review it and if everything is on the level I was going to request a written agreement to be faxed or mailed to me signed by a corporate officer to get a iron clad agreement, then I was going to pay it in full (no deals just full payment) that is what I wanted to do from the start. But they proceed to play these shell games with me in which I sent them an email stating this: Re: Acct Ref. # -redacted- I have already requested validation of this account through Weltman Weinberg and Reis, through LVNV funding previously, through Northstar group, and now through Hannah and associates. Continue to play these shell games with me and I will have no recourse to file complaints with the Federal Trade Commission, the Attorney General's offices of the respected states in which each of these agencies are located in as well as state/county Bar Associations where applicable. In addition I have also noted several purposely misreported entries on my credit report. I have full intent to pursue civil suit for each of these if you continue these blatant violations of state and federal law. _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Tue Jan 15, 2008 7:09 am Post subject:

Nice ! Please post their response !! If I receive the same notices as you - mind if I use the outline above?>

hvn_sent

Joined: 21 Sep 2007
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Posted: Tue Jan 15, 2008 7:13 am Post subject:

Also it is thought (not sure if it has been confirmed) that many of the agencies that they farm account out to (as well as LVNV's other DBAs) are all shell/shadow companies of Wolpoff and Abramson. _________________ Regards JCEMT Here is a list of resources for the community Site TOS