Collection Agencies and Creditors

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

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Posted: Wed Jul 19, 2006 5:06 pm Post subject:

Don't fall into the catch of the collection agency. You don't know if the debt that has been put in front of you is at all legitimate. Ask the CA to validate the account in writing. It must give you the complete information about the debt you owe. Read the FTC website stressing on the need to validate the account before you pay anything to the CA. http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809

keystrokes

Joined: 13 Jul 2006
Posts: 502

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Posted: Fri Jul 21, 2006 2:40 pm Post subject: MOTHERS CAR TITLE

I sent in the death certificate and now i neeed the total so that i can pay it all

CHARLES JOHNSON
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Debtcc Points: 100

Posted: Sun Jul 23, 2006 11:39 am Post subject:

Here's a follow up letter being sent to LVNV. If they don't comply, They're going to be sued.

Quote:

LVNV Funding LLC
P.O. Box 10584
Greenville, SC 29603

To Whom It May Concern:

I am writing this as a follow up to a letter I received from you on 7/15/06 in response to the letter that I sent your company via certified mail on 7/3/06. While I appreciate the return letter you sent me, it still doesn't rectify the problem here. Your letter has failed to validate anything to me. As stated in my previous letter along with numerous recorded conversations that I've had with your customer service representatives, this account is reporting completely wrong and I don't believe that it was mine. It's reporting completely and blatantly inaccurate and has caused me a great deal of stress due to being declined credit and a home equity loan because of your purposeful and erroneous reporting. If I don't receive confirmation within fifteen days that you've deleted this tradeline from all three Credit Bureaus, I'll have no choice but to report this incident to the FTC, BBB, and Attorney General in both my State of Texas along with the State AG of South Carolina. In case you're not aware, section 1681s-2(b) of the Fair Credit Reporting Act creates a cause of action for a consumer against a furnisher of erroneous credit information (Nelson v. Chase Manhattan).

I honestly feel that I've exhausted every possible option in rectifying this situation with LVNV. The next step will be through my legal counsel as I will spare no expense in order to rectify this situation. There's a total of at least nine violations on my credit report from your company alone. This is the last letter that I'm going to send to LVNV, the next one will be through my attorney along with his demands. You have 15 days from receipt of this letter to send me a confirmed deletion from all three credit bureaus. If I receive this confirmation within 15 days, no further action will be taken against LVNV. If I don't receive confirmation, I will report LVNV to both Attorney Generals, along with the BBB and FTC. I will also be filing a lawsuit in Hidalgo County, Texas for the numerous violations.

I look forward to a timely and amicable resolution to this matter.

Sincerely yours,

my name and address

I hate LVNV
Guest

Debtcc Points: 100

Posted: Sun Jul 23, 2006 4:10 pm Post subject: LVNV Funding not reporting the truth

I had a account charge-off in 2001. LVNV purchased this debt, I noticed they are adding interest fees and reporting the debt as a factoring account and also they list I am late 120 days and on top of that, they list that the account was opened by me in 6/2003 when in fact the account was opened in 9/1999. What can I do to get them straight. I wanted to pay the account but I was told it would not help my credit score. I don't mind accurate facts being reported but inaccurate made up intentional lies--I will not stand for that. Someone please help. I live in Texas and I am not a deadbeat, I just ran into some hard times about 6 years ago and couldn't afford to pay the account. Thanks and any comments will be appreciated.

Carol Conrad
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Debtcc Points: 100

Posted: Sun Jul 23, 2006 4:11 pm Post subject:

I Hate LVNV-Way to go-let me know what happens.LVNV bought my Sears debt that was opened in 1982 and nothing charged on it for 10+ years,the only problem is,we were stupid and have been paying Sears for all these years,probably thousands and thousands in interest,finance,etc. I repeatedly tried to work out payments,just got verbally abuse. Also,they have not validated my debt as the ones who are authorized or anything. I,too,sent a follow up letter to inquire about the DV letter,but no response. Theyalso broke numerous FDCPA reg.,which I pointed out to the in my follow up letter-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: Mon Jul 24, 2006 12:05 pm Post subject:

Carol, dispute the item with the credit bureau. They will pull information from the original company as well as from the CA and update your credit file with correct information. Since this account took place long time back, you should also check the SOL of the state where this account was opened. It seems that by changing the date of reporting, LVNV has tried to re-age the accounts. This is illegal as per the FCRA laws. If you are able to prove out with your facts, you can file a legal case against the company and compensate you for the damage. Try dealing with the original company also for getting the original facts.

IncredibleHelp

Joined: 30 Jun 2006
Posts: 500

Debtcc Points: 7670

Posted: Sat Jul 29, 2006 7:50 am Post subject: LVNV FUNDING LLC on sears account

I just pulled my credit report, seems I had a sears charge from 2002 that I thought was paid, but wasn't I've recently started to get phone calls about 10 a day on both my home phone and cell phone stating that if I don't call they're going to notify my employer and neibors. I looked on my credit and the charge off from Sears was $1,300. LVNV FUNDING LLC says I owe $1,750. Should I send a letter to them? what should I tell them. I'll need to make installment payments are they willing to do that?

Cathy Bear
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Debtcc Points: 100

Posted: Sat Jul 29, 2006 12:28 pm Post subject:

First of all you need to make sure that your debt is not out of the SOL. Then send them a debt valedation letter(there are many examples on this forum) send it certified,return receipt. You can also add a cease and desist to that letter,that they only contact you by mail. They will be breaking numerous Fair Credit Reporting Acts,if they give tyour info to anyone else. Keep records of calls,any correspondence,etc.,for your records. Hope this helps...I ahve been dealing with them for months,they refuse payment arrangements,rude,abusive,etc.,so doing this by mail will be alot easier to deal with...Karen _________________ As long as you are alive, there's always hope

Bossy4455
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Joined: 27 Feb 2006
Posts: 5359

Debtcc Points: 63562

Posted: Sat Jul 29, 2006 12:31 pm Post subject:

Cathy Bear....DO NOT erase those recordings, the CA is in violation just by leaving those threatening messages, and don't pay these jokers any money. At least send them a DV first. LVNV has a very hard time validating their debts.

Guest

Debtcc Points: 100

Posted: Wed Aug 02, 2006 4:04 pm Post subject:

I Hate LVNV-Way to go-let me know what happens.LVNV bought my Sears debt that was opened in 1982 and nothing charged on it for 10+ years,the only problem is,we were stupid and have been paying Sears for all these years,probably thousands and thousands in interest,finance,etc. I repeatedly tried to work out payments,just got verbally abuse. Also,they have not validated my debt as the ones who are authorized or anything. I,too,sent a follow up letter to inquire about the DV letter,but no response. Theyalso broke numerous FDCPA reg.,which I pointed out to the in my follow up letter-good luck ...Karen C-ya......gone from all three reports

I hate LVNV
Guest

Debtcc Points: 100

Posted: Fri Aug 04, 2006 7:25 am Post subject:

LVNV FUNDING keeps raising a debt that they bought from 8 years ago. its was 2k now its almost 4k can they do this.. they are actting like they are a credit card company

Anthony Howard
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Debtcc Points: 100

Posted: Fri Aug 04, 2006 4:03 pm Post subject:

Hi Anthony A debt bought 8 years ago!!! If no payment has been done after the statutes expired and you don't have a judgment against you, the agency cannot report this debt in your credit report. Also, they should not legally force you to make even a small payment on it. One single payment can bring the account within the SOL period and chances of reporting in the credit report will become more evident. LVNV Funding is tempting you to make a wrong move. Don't do it unless you really want to pay off this account above all.

keystrokes

Joined: 13 Jul 2006
Posts: 502

Debtcc Points: 7286

Posted: Sun Aug 06, 2006 3:06 pm Post subject: LVNV FUNDING LLC on sears account

Any Idea what address to send the validation letter to?

bcatt008

Joined: 06 Aug 2006
Posts: 1

Debtcc Points: 13

Posted: Sun Aug 06, 2006 3:38 pm Post subject:

Quote:

The address and phone number are PO Box 10584, Greenville SC 29603-0584 and the phone number listed is 866-464-1183.

Quote:

LVNV FUNDING LLC
P.O.Box 3038
Evansville, IN 47730
Telephone: (886) 861-8182
Fax: (812) 428-3523

LVNV Funding, LLC / Resergent
Yahoo Map
9700 Bissonnet, Suite 200
Houston, TX 77036

Resurgent Capital Services LP
LVNV FUNDING )
15 South Main Street Suite 600
Greenville, SC 29601

Here are the addresses listed on the beginning of the thread.
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polly
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Posted: Wed Aug 09, 2006 1:50 pm Post subject: Will they do a deletion upon payoff?

We have a $3000 LVNV on my wife's credit report and we are about to refinance our house and include this on payoff. It's killing us as a collection. Question: if we pay them off in full, how can we get them to DELETE the entire collection record? Is this something we can negotiate this or could a letter from an attorney do it? Anyone had experience with these people? They've used several other agencies to send us letters about the same debt (Brachfeld and Associates, Riddle & Associates)...nobody...NOBODY will answer our request for validation. Any ideas? We want to work with them from a position of some leverage.

TomKc3565
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Debtcc Points: 100

Posted: Wed Aug 09, 2006 4:39 pm Post subject:

Tom, LVNV Funding should not report in your credit file if they don't have your account details. If they would have validated the debt, it would have understood that their collection is legitimate. But, since nothing has been given to you in writing so far, their entry must be deleted from your credit copy. Dispute this item with the CRA and explain that they have failed to validate the debt and hit your credit file. The CRA will check with the company. If your dispute is found correct, the entry will be immediately removed. If it is correct, the debt should be validated by the company surely. Send your letters through CMRRR