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LVNV Funding LLC: What to do if you find them on your credit report

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I noticed on my credit report that there is a company called LVNV Funding LLC for $3195. The address and phone number are PO Box 10584, Greenville SC 29603-0584 and the LVNV Funding LLC phone number listed is 866-464-1183.

When I enter the lvnv funding phone number, (866) 464-1183 on the BBB website, it comes up with a Houston, TX address.

Has anyone dealt with this company? Have you heard of lvnv funding complaints?

Thanks




I never had an account with this company...does anyone know who they are? they posted a negative credit on my account

Sub: #21 posted on Fri, 02/10/2006 - 15:16

Unregistered


Artie

LVNV Funding is a collection agency that gets hired by the creditors for some defaulted accounts. It seems that one of your unpaid accounts of the past has been sent to this collection agency for recovering payments.

Send a debt validation letter to LVNV FUNDING LLC asking for the details of the account for which they listed themselves in your file. The company must give you the details of the account for which your past creditor might have hired them. If they send you any details about the account, review it properly before you make a payment agreement.

If you find the item incorrectly shown in the statement, dispute on it. They will get the item verified with your original creditor.

Sub: #22 posted on Fri, 02/10/2006 - 15:47

curlycarl curlycarl

(Posts: 616 | Credits: )

They are a client of Protocol Recovery Services, they do purchse charged off retail accounts. Haven't heard anything bad about them yet.

Sub: #23 posted on Fri, 02/10/2006 - 19:55

Jedi Mistress Ari Jedi Mistress Ari

(Posts: 2192 | Credits: )

From my experience with LVNV, they are a collection agency...but they do not try to do any collecting on their own...they send their accounts to various different CA's and attorneys to collect...yeah another example of a CA collecting for a CA.

Sub: #24 posted on Sat, 02/11/2006 - 07:23

Unregistered


I just found out this company used to be Alegis group/Sherman Financial...they changed their name, yet again!

Sub: #25 posted on Sat, 02/11/2006 - 12:44

TMD TMD

(Posts: 280 | Credits: )

My case is similar to the some of the cases above and on other sites, I got my credit report and it shows a/c seriously past due $ 9491.000 Original
creditor SEARS. I tried to call the above tel no: but the call does not go through and I am not even sure if the address is correct. Can someone help me with the phone no and address so that I can call or send them a letter and resolve this issue and have this removed from my credit report because it is hurting me.My email is

email address removed as per forum rules - Vikas

Sub: #26 posted on Mon, 02/13/2006 - 10:17

Unregistered


I just got my credit report and it just says that I owe $87. I don't even know what it is for. There is no address or phone #. Now I have both and can pay it off. Thank you for the info.

Sub: #27 posted on Mon, 02/13/2006 - 11:56

Unregistered


I am dealing with this same company. Out of the blue I get a notice from them claiming I owe them money from 1991, using my married name, but I didn't even have my married name until '92. There is something very fishy about this company. Have you found out anything more?

Sub: #28 posted on Tue, 02/14/2006 - 14:05

Unregistered


Sandiduff...sounds like your account is out of the SOL period. Check and see what is the date of last activity on that account, if it is back in '91 or '92, it is clearly out of the SOL period. If you pay on it, that will start all over. As of right now, if it is out of the SOL, it can be disputed with the credit bureaus and removed from you report.

Sub: #29 posted on Tue, 02/14/2006 - 17:17

TMD TMD

(Posts: 280 | Credits: )

these are junk debt buyers they buy out of date and many times charged off debts for pennys on the dollar. ARI they are bad they are the lowest of the low and will use all kinds of tatics to harrass you.
the first thing you need to do is know the statue of limitations in your state, many times the SOL has expired and they will hope you do not know that.
i recieved a letter form them a few months back about a sprint bill that was over 8 years old stating that they are attempting to collect a debt for LVNV Funding LLC.
The original debt was owed to Sprint.
The letter stating my outstanding debt of 561.46
It says they represent the above client LVNV,
Now it was a long time ago that I had sprint I would guess 8 years.
And I am really not sure that I had ever paid this debt off.
Anyway the letter is giving me three options to pay.

1) Is paying 50% of debt owed
2)three installments equivalent to 70% of total debt owed
3)monthly payments

there are a few options
1)send them via certified mail a debt validation letter this is where they must prove to you with original paperwork that you indeed owe said debt i take no credit for this sample letter as it was takin froma website i had found.
Quote:

September 10, 2005

Your Name
123 Your Street Address
Your City, ST 01234


ABC Collections
123 NotOnYourLife Ave
Chicago, IL

Date

Re: Acct # XXXX-XXXX-XXXX-XXXX

To Whom It May Concern:

I have received your letter where you claim that I owe a debt to you and/or your company. This letter is being sent to you in response to your attached collection letter. This is not a refusal to pay, but a notice that your claim is being disputed by me. I do not recognize your company and I do not believe I owe you or your company this debt.

Under the Fair Debt Collections Practices Act (fdcpa), which I assume you are aware of, I have the right to request validation of the debt you say I owe you. I am requesting proof that I am indeed the party you are asking to pay this debt, and there is some contractual obligation which is binding on me to pay this debt. Below are a few questions to answer which may help you to resolve these mistakes.

In addition to the questionnaire below, please attach copies of:

?? Agreement with any of your clients that grants you the authority to collect on this alleged debt

?? Agreement that bears the signature of the alleged debtor wherein he agreed to pay the creditor.

?? Any insurance claims been made by any creditor regarding this account

?? Any judgments been obtained by any creditor regarding this account

Best regards,


Your Name

--------------------------------------------

Debt Validation Form

Questionnaire to be returned to me for Account # Original Creditor's Name:

Name of Debtor:

Address of Debtor:

Balance of Account:

Date you acquired this debt:

This Debt was: assigned purchased

Please indicated any credit bureaus to which you have reported negative marks:

Experian ______

Equifax ______

TransUnion_____



2)send them a Cease and Desist based on the expired SOL which i believe applies to the state you are currently living in again i take no credit for this sample letter.

NAME OF COLLECTION AGENCY
123 Fagetaboutit Ave
Chicago, IL 60555

17 April 2022

RE: Account # 1234567890

Dear Sir or Madam:

As per Federal Law (The Fair Debt Collections Practices Act, Section 805) I formally request that you CEASE and DESIST ALL your efforts to collect on the above referenced account and debt.

You are hereby instructed to cease collection efforts immediately in any way, shape or form, this includes phone calls, letters, faxes, third party contacts, internet, calling my place of employment, contacting my friends, neighbors or family members.

If you fail to follow my Federal rights as per the FDCPA I will make sure that you face legal sanctions under applicable Federal and State law.

Do NOT call me, write me, contact my relatives, friends or work place in any way after you receive this letter because that will mean you are violating FDCPA and I will not hesitate to sue you for Federal Law violations which allow me to sue you for $1000 per violation as I'm sure you're already aware.

I will not hesitate to file complaints with the Federal Trade Commission, my and your Attorney General's Office and seek legal action personally if you ignore this letter!

GIVE THIS LETTER THE IMMEDIATE ATTENTION IT DESERVES.

Regards,

the above sample letters were from creditinsiders website.

the above letter is what i sent and have never heard anything back from them.

this is my first post im sorry if i repeated any answers. i just know how i felt when i recieved there letter and had i not reserched it i would have paid them for a charged off out of SOL debt.
you will have to excuse my grammar and puncuation english was not one of my strong suits

Sub: #30 posted on Tue, 02/14/2006 - 21:35

whtlion whtlion

(Posts: 10 | Credits: )


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