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

I owe sears some money its know in collections with lvnc funding llc is it possible that i can make arrangaement for a payment plan

I called the 866-861-8182 number and i keep getting this automated message that says I am dialing the number incorrectly. Does anyone have another number

ok, so i just found out this comp has placed a debt on my CR for like 10k.....they said it was from CitiFinancial, whom I have NEVER had any type of credit from, how do i get this off!!!! help.... :)

where do i find out where to get SOL for my state?

I have a credit issue that I don't know how to handle.
My name was used on an account and the co-signer handled all the payments. I actually worked for the co-signer..they stopped making payments and did not inform me..now I am getting calls everyday to pay this debt. Meantime it is ruining my credit.
If the amount owed is 1800.00, what is the least amount a creditor can settle for? Any advice would be greatly appreciated. Thanks - Desperate

LVNV Funding purchases consumer debt such as credit card or retail debt, e.g. Sears & Roebuck. LVNV Funding is commonly known to use intimidating debt collection techniques like repetitive phone calls, collection (or dunning) letters, and reporting derogatory credit information on your credit report.

:?

Guest-here is a link for the SOL period,state by state at http://www.fair-debt-collection.com/SOL-by-State.html#T .To the other poster- I'm not sure what the least amount the collector will settle for-it varys. Some will do 60%,others less. They usually will offer a settlement offer, or you can go to sample letters here, and there are examples of letters you can send..KAren

Does LVNV sue for old debt past the SOL?

As far as I am concerned, this company is unethical and they lie about everything. They have resorted to contaction family members in far away states under the guise of wanting to just talk with me. The harrass these people and when I talked to them, they agreed to let me pay $50.00 towards a debt settlement that is $1200.00. They said that on todays date 5/8/07 that that would be fine and when today came they totally denied the offer and said that they wanted their money in total within 48 hours. I don't have the $1200.00 and will not have it in 48 hrs. so what can I do? I have been unemployed for the last year and do not have access to funds in the amount of $1200.00, what can a person do, I was willing to live up to their original offer but how do you deal with dishonest people like this. I want to pay the debt off however don't harrass me in the process.

Gary please read the top two links in my signature and use the letter in the third link to mail to them.This letter will instruct them to validate the debt and preserve your rights under federal law. Please send it certified return receipt so you have legal proof that they received it.

LVNV can try to collect a debt past the SOL, but cannot take legal action. If they do, be sure and put in your answer to the courst that this is out of the SOL. LVNV, also, is known not to validate debts. I have been dealing with them for over a year, and their many agencies, and have yet to receive a full debt validation, just a computer generated paper they put out with one payment in 2004 and one in 2006. Be prepared for them to just pass their debt to another of their agencies, and start the debt validation process all over.Good Luck!!..KAren

When LVNV purchases an old debt from Providian, does Providian give them all the account information including the signed written agreement card, and the details of all the accounting on the credit card?

I just received a letter from the debt free association stating that I have a lawsuit from LVNV FUNDING (ASGNE OF SHERMAN) but I have never received anything from this company about any debt owed and not to the extent of $3,630.00. What should I do?

A collection agency (CA1) bought my account from another agency (CA2). I had about $470 left to pay CA2, but they said they closed my file and told me to call CA1. So I did and ignorantly set up automated payments to be taken out my bank account. Well the first payment of $55 + $5 convienence fee was taken out a couple days ago. After reading all these forums, I decided to place a "stop check payment" on the upcoming ones for June and July. Was that the right move? Now I'm deciding to send them a letter of debt validation. Would that be a good thing to do considering I already made a payment to them?

Katrina, verify the case in the local county where the case is filed. You will come to know if this is for a real debt and there is actually a legal case against you. If this is true, put a settlement offer to LVNV and make them withdraw the case from the court. Get the PIF letter after the debt is paid.

As I have stated, I have been dealing with LVNV for over a year, and don't believe what they tell you! If I were going to settle a debt with them, assuming it's valid, I would ask for a paid settled letter BEFORE I made that settlement. I did not do this with another company, and they never sent me a letter. The problem is, if there is nothing in writing, they can "bundle" the remainder of your debt, and sell it again,then you are back where you started. To the other poster, I am not sure, but since you have made payments to them, they are assuming you have owened up to the debt. Law student can better answer this for certain. Good Luck to all of you!..Karen :D

If u need help dealing with LVNV you can write me at

Email removed Cajunbulldog

I just saw this on my credit report and when I called this company - I found out it was for an account I settle one year ago.

This is misleading reporting and fraud

I settled on a bill over 14 months ago and this company is still showing I owe this money.

How often do you update your damn records

I just learned LVNV has also put a collection on my report. I am trying to get a mortgage and it lowered by score by 83 points. It's for a MCI account that I never had. I never used MCI. There's also an address that appeared on the report that I never lived in. Any suggestions on how to get rid of this?

Sure Gregg,send them the letter in my signature at the bottom of my post certified return receipt mail to validate the alleged debt. Once they receive it send a written dispute to the credit bureaus stating that you have no recollection of ever having an account with Lvnv.

Okay, maybe this is a stupid question....But is LVNV and ASG the same company? And who is Resurgent Capital Services? The first, and only, letter that I got, states that LVNV Funding had bought account from Resurgent Capital Services, but to send full payment to ASG. Can someone explain?

LVNV operates under many "umbrella companies", Resurgent being one of the. They pass it around to all of their agencies, hoping to scare or threaten you into paying something that isn't yours. You can send them a debt validation letter, they won't respond, or respond in full. If it is on your credit report, dispute that and they will see if the debt is valid or not. I have sent DV letters for a year and a half to them, no complete validation, just pass it around, alot of threats, etc. Keep copeis of all correspondence with them as well as any contact info you have. I would suggest not talking with them on the phione, they get pretty nasty-record if you do, and it is legal in your state..Good Luck..KAren

lvnv funding is not your original creditor. They purchased your debt from one of the companies that you owed money to. I have them on my credit report and the original creditor was MCI.

They like to keep things on your credit report even though it's already paid off. I paid my MCI through a different collection agency and settled it. I paid it in Dec 06' and it's now 6/07 and it still shows that I have a balance.

I recently contacted them, and they will inform me if they will remove it from my credit report in the next couple of days. I will wait & see.

So, what you need to do is, contact LVNV & find out who they purchased your debt from.

i saw this name on my credit account and I need to know what I supposedly owe for....

I have an address of
PO BOX 10584
GREENVILLE, SC 29603-0584
(866)464-1183

I have an old debt that was purchased by LVNV several years ago. It is only $900 and I want to pay it off. However, I am afraid that if I pay it, it will keep the reporting window open and I will have it on my credit for 7 more years from the date I pay it. Is this true? Thanks for the advice.

I know that the SOL for most debts is usually 7 years, but doublecheck with your state's laws. Once you make a payment on the debt, the clock does start from ground zero again and collection activity can resume.

My name is Denise H. You took over my debt. I thought I paid it off. It is still on my credit report for the amount of $261. Denise I removed your personal info for your safety.Cajunbulldog

Denise this is a debt forum not a collection company.I removed your personal info for your own safety.Please contact the collection agency directly.

I just found Lvnv on my credit report. for $6536.00 says history date was 12/2000. I don't have any idea what this is whould I fight or wait until the end of this year for the 7 years to be over?

Horrordays, the statute of limitations has probably already run on that alleged debt (depending on your state). This has nothing to do with the length of time it is on your report. LVNV is the leader among junk debt buyers who try to shake down consumers. Have you received any letters about this from LVNV, or any of their many companies?

Do you think it would hurt if i sent all three letters together? I already did. So im just wanting some input. Thanks...

Quote:

Check out budhibbs (I cant post the link in here, but you can add the three w's and the dot com at the end OR just Google it

Don't pay a thin dime OR penny until you have talked to Bud. You may not have to pay this debt if the Statute of Limitations, commonly called SOL, has run out. If the SOL has run out then the debt collector is SOL. (shite out of luck)

I have tried to contact lvnv several times, several other companies handle their accounts. I paid them off with a settlement in 2003, they have no record of it. No one knows anything about contacting them directly. When I have gotten a # directly to them it rings off the hook, no answer. However, conveniently, these people dont lose count of how much you owe with interest.

Agency Details

LVNV Funding, LLC,

DBA/ Resurgent Capital Services, LP

Dba/ Alegis Group, LLC

Aka/ Sherman Financial Group, LLC

aka/Pinnacle Financial Group

7825 Washington Ave. S, Ste 301

Minneapolis, MN 55439-2409



Fka/ Sherman Acquisitions

Aka/FNBM, LLC

Aka/Ascent Card Services

Aka/Ventus Capital Services

Aka/Performance Recovery Group

Aka/Receivables Management Solutions?

Address 260 E. Wentworth Ave,

West St. Paul, MN, 55118.

PH: 651-457-1130 & 800.299.8302.


Addresses:

Bank of America Building

200 Meeting St., Suite #206

Charleston, SC 29401-3187



15 South Main Street, #600

Greenville, SC 29601



Phone: 888-665-0374-864-678-8421

877-264-5884



Fax: 888-546-7697- 864-370-4998

(Phones ring at Resurgent Capital, Greenville, SC)

Kevin Branigan, Charleston, SC, Officer
Leslie Gutierre, Charleston, SC, Officer
Scott Silver, Charleston, SC, Officer
Here is their latest info courtesy of Budd Hibbs.

Now im being told since my info was last reported in 02/02 it will have 7 years to be removed. I had the idea that the SOL was only 5 in Florida. What to do next. Wait till March of 08? I inquired to Budhibbs.com and got that answer.

I need to send a certified letter to this company, but all I see is a PO Box. Can anyone provide a street address?

we were sevrved with a summons from LVNV funding, for a car loan we had with wells fargo. They have it listed on here, that we owe them the money. If we have not signed a loan with them do we? Also we have NO money for an attorney, how do I fight this as I feel that the statue of limitations may have ran out. This is for 10,355 for a voluntary repo, after a job loss.

I just filed a complaint against these people with FTC.Can't wait to see what they say.

LVNV Funding collects normally for Sears and/or Providian so look to them.

I had defaulted on a credit card in 1999, LVNV is a collection agency who acquired the account. They had the gall to sue me in court through a local attorney in NJ, and won...

[size=3][/size]LVNV funding - Resurgent Capital - Sherman and other affiliated collection outfits were set up to work the junk debt market proficiently. The owners of LVNV funding, a clever name for Las Vegas, Nv funding, another clever play on words, bid on, for example, old charged-off debt, the winning bidder usually paying maybe 3 cents on the dollar for tens of thousands of these old, sometimes old old debts. The entity LVNV then conveiently hands the bundle of accounts to, lets say affiliate yet separate entity Resurgent, located in South Carolina. Resurgent's auto-dialer then begins a long campaign of dialing each of those charged-off accounts "debtors" phone numbers. Once they get a "live one", they might call many times over a few weeks, sometimes 4 or 5 times a day, a hundred times overall. They will use dunning scripts and depending on what you say, will probably give you a canned answer. Their ultimate daily goal, persuade you to give them your money, quickly. Don't be fooled or pressured by their strategies. These outfits try and make money from the misfortune of others. It may be best not to reward them for their behavior. They may operate just this side of what's legal and sometimes otherwise. Fortify yourselves, learn all you can about your legal options. Have fun empowering and legally protecting yourselves. Learn all you can and do whats ultimately best for yourself and families. The above outfits make commissions on every dollar people donate to them. They deserve none of your scarce money. You're far more important than anyone's desire to make a large commission.

We had an outstanding balance with MCI in 2003 or so. They charged us wrongly. The amount was $248.xx. We finally wrote them a letter and explained the situation to them. MCI didn't work with us, but they sent our debt to a collection agency. We agreed to pay half of the amount charged, which was $124.xx, and the collection agency offerend to settle the matter. However, the collection agency sold the remaining amount of $124.xx to LVNV Funding. I was told that I can settle the issue by writing a letter to them, informing them that the debt has been disbuted, and I should send copies of my correspondes to them.

After all these years, I do not have the files on hand. The only thing I have is a copy of the letter I sent to MCI in August 2004. How effect will it have for me to even write a letter to LVNV to get my CS back up, if I don't have any proof????

I have a debt that this company purchased. I've tried to settle and have an old settlement agreement that was not honored, I was bounced back and forth and now I cannot get anyone to work with me. Niagara Credit Services represents LVNV and they want 30% down a monthly payment and then after a year will consider a settlement. Any suggestions how I can get this settled for less than 60%?

Any suggestions how I can resolve this debt? Original settlement arrangements were in writing last Dec, and I got bounced around so no where to make payments. Now Niagara wants 30% down, monthly payments, charge interest and then maybe a settlement in 10 months...in other words they want money and no settlement....any suggestions? Should I contact LVNV instead of Niagara, which by the way does not see any of this the way I do....I just want to clear this up and cannot pay the full $7000.

Niagra is a new one for me-dealing with LVNV. I am aware of many,many other names that deal with them, but not Niagra. Whoever you ar dealing with, LVNV will go back on their word, won't fully validate, and won't work with you. What I did was, I sent a letter with a money order for what type of down payment I could afford, and said this is the down payment. I also stated I would make xx dollar payments until the 70% was settled, as they had previosly offered- by that time, it had dropped to 50%. They were not happy, but I sent it any way. The way I figure it is, I am trying to make payments, settle this and move on. If they decide to take me to court, I have documents showing all my correspondence and phone conversations with them, and they wouldn't work with me.Try not to talk to them on the phone any more than you have to- you won't get anywhere with them, and they will make you miserable. Hang in there, and keep us posted.. :D

:shock:

We keep getting a collections notice from this company. We called them and it is for an account that we never had. And it is not on any three of our credit reports. They were not friendly with us at all and would not even discuss the account. They just told us that we need to pay the debt in full. We have written letters to dispute the debt, but never hear back from them. Any insights?