Collection Agencies and Creditors

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

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Posted: Thu May 15, 2008 5:15 am Post subject:

@Leroy= I would suggest sending them a debt validation letter as well, that should shed some light as to why they are on your credit report, please stand by and I will retrieve an address for the both of you to send those letters too. _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Thu May 15, 2008 5:17 am Post subject:

Here is contact information for Resurgent Capital Services which owns LVNV Funding: http://www.resurgent.com/ContactInfo.aspx _________________ Regards JCEMT Here is a list of resources for the community Site TOS

JCEMT
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Posted: Thu May 15, 2008 8:32 am Post subject:

JCEMT is right, get those DV letters off to them. Also take notes, keep copies of everything that they send or you send. They are well known for not doing validation or full validation. I have been dealing with them for over a year now. What usually happens is, that when you request DV, they turn it over to another of their many agencies, and you go through the same thing with them. I have gone through about 5 so far The important thing is document, document, document!! I have a file about 3 inches thick of letters, phone calls, etc. I also send follow up DV letters about 45 days later with a copy of my first DV letter-I believe in leaving a paper trail, just in case!..Good Luck..karen _________________ As long as you are alive, there's always hope

Bossy4455
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Posted: Thu May 15, 2008 5:59 pm Post subject:

i have already sent 2 DV letters to them. i also resent all the documents to the 3 CRA'S. they have come back verified. is there a template for validation methods for the bureaus?

Joined: 13 May 2008
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Posted: Thu May 29, 2008 1:27 pm Post subject: how long

How long does debt stay on yur credit before it falls off. I have a debt from 2000 and lvnv is just now trying to sue me for the money. I thought debts fall off after 7 years.

Donna
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Debtcc Points: 100

Posted: Sat Jul 12, 2008 6:25 pm Post subject: Identity Theft

This has been on my CR for months. This was Identity Theft. Now the lawyer group is sending me notices. I sent them info, police reports and fraud notices from other companies that were included in the IT. This is a JC Penney acct. The other companies have cleared their accounts as fraudulent. How do I handle this now? Do I resend the information to the lawyer group or try to deal with LVNV. I have never heard from them at all!

YZEERB
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Posted: Tue Aug 05, 2008 9:40 am Post subject:

I had two chargeoffs acquired by LVNV. Both were GEMB accounts. For each account I agreed with LVNV to pay them off for a settlement amount. I spaced the settlement amount out over three months. After paying off both collection accounts, LVNV updated with the CRAs within 45 days that these accounts were paid for a settlement amount. After this information was reported I went one step further and disputed the validity of these two accounts. Before the 30 days window of disputes was even up, LVNV completely removed these accounts from my report. Despite being lumped into the category of "bloodsucking collections agency," LVNV has been the easiest collector that I have dealt with. Now I just need to see if I can somehow get the original GEMB derogatories removed from my credit report.

Joined: 01 Aug 2008
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Posted: Tue Aug 05, 2008 2:28 pm Post subject: LVNV funding

I keep getting calls from Resurgent Capital stating that I owe LVNV Funding on 2 accounts. They always call but never leave a message. How can I stop them from calling me. I do not have $3500 to pay them.

debt girl
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Posted: Tue Aug 05, 2008 2:35 pm Post subject:

When they call back, I would demand debt validation letters concerning the claimed debts be sent to you immediately, and for them to cease calling. LVNV purchases junk debt for extremely cheap prices from original creditors, and then hopes to turn a profit from collection. From what I understand, they will even have other third party collection agencies attempt settlement including Resurgent Capital and northland group. My two LVNV debt purchases (both GEMB) were handled by Northland. The debt validation letters they need to send by law must outline which original creditor this debt may have been purchased from. Validation letters should be your first step before any consideration of settlement. If the debt is valid they will likely accept monthly payments on a discounted rate in order to settle this debt. If so you could attempt to have any accepted settlement amount be marked Paid in Full on your credit report. Then again, this is all down the road after you get those validation letters.

Joined: 01 Aug 2008
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Posted: Wed Aug 13, 2008 9:52 am Post subject: Hello

I'm new here, just wanted to say hello and introduce myself.

ferduedia
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Debtcc Points: 100

Posted: Thu Aug 14, 2008 11:27 am Post subject: lvnv

My credit report shows a balance of 1,510.00 but it also says "Potentially Negative Closed". I called the compnay and they show no record of me owing them anything ever. Not even closed accounts.. whats going on?

Stephnie
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Debtcc Points: 100

Posted: Sun Aug 17, 2008 2:53 pm Post subject: Wrong person

LVNV Funding has me linked to an account that I did not create. The social number and name are wrong. I have called them about this, but it is still on my credit report. Should I get my lawyers involued.

timtaylor
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Debtcc Points: 100

Posted: Wed Aug 20, 2008 11:45 am Post subject: Old Debt

This company is taking us to court on some old debt that has not been paid. What happens if we dont show up to the court and settle out of court with the company?

Old Debt
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Debtcc Points: 100

Posted: Sun Aug 24, 2008 6:00 am Post subject: not sure

how do i find out if this is my'n i do not remember this my id was stolen awhile back but 07 i do not know bill of 804 ??

ljsmit
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Debtcc Points: 100

Posted: Sun Aug 31, 2008 9:24 am Post subject: lvnv

I recently have found out that lvnv has a lawsuit against me for a debit that i had no idea existed. I also had no idea that there was even a court case against me since I was never served does anyone have a similar problem with them or advice on how to handle them without going to court?