LVNV Funding: A Scammer Known by Many Names
How can they respect someone they are trying to swindle for hundreds or sometimes thousands of dollars? That is a question that many Americans are asking them selves about LVNV funding and it is connections of debt collection.
LVNV Funding is a company of lots of names, Resurgent Capital Services, LP, LVNV Funding Capital Management Services, Astra, Venta, among others; but they are all one in the same according to many internet sources. That is something you can bank on.
LVNV funding is simply a junk debt collector; who buys old expired debt for pennies on the dollar. Then in turn around and contact the customers and try to collect the money on these old expired debts.
LVNV Funding justification and other bizarre credit reporting have gotten lots of hard working Americans in court. They threaten you will lawsuits if you don't pay up, but I know first hand that 95% of the time they do not even show up for their own cases.
When the lawyers representing LVNV funding or its associates come to court, they bring bogus affidavits and in house made documents. So make sure you take a recent copy of your credit report with you is you go to court.
I did some research on this company and what I found was disturbing. They are simply a junk debt collection agency.
LVNV funding, debt Collection Company that buys junk debt for pennies on the dollar, then turns around, and scares the consumer into paying up on these old debts they own. Most of the time, these debts have surpassed the statue of limits in the state where the consumer lives.
For most states, it is six or 7 years before the statue of limitations runs out on old debts. LVNV funding calls the consumers and tries to set up a debt payment plan in helpful way, but setting up this payment plan only re-ages the debt and makes it current and then one of their other groups will come after you for the full amount.
I know this is hurting my credit report; LVNV has bought an old debt bill and tried to unsuccessfully to sue me for lots of money. When they did not show up at the hearing they requested I won by default. That was last summer but a recent check of my credit report shows they are still on there creating havoc.
If there is no legitimate reason for LVNV Funding LLC to stay in your credit report, then you should place a dispute with them and get the account removed from your file. That is my next move, and the paper work is already out on it.
It is terrible that so many people are completely ignoring their credit or debt until they get sued. Many people even potential employers, who could deny you a job based on what is in there. It would be crappy is LVNV funding tactics cost you a job that you needed to support your family.
The best advice is to look at your credit report often and see what is in there. Eliminate the problem of bogus debt collections before they get out of hand. If LVNV's mark is on your credit reports take steps now to get it off there.
Between the ridiculous credit reporting and legal issues, LVNV should be writing the checks to us the consumers. I mean their antics are costing us money when we have to go to court with these bogus debt collector lawsuits.
I did plenty of research on the internet and printed off all typed of things for my case, with paper, ink and my time, there is many costs. Toss mental anguish in there and I would settle out of court for several million dollars. I will take it in cash, or holdings. This immoral company, LVNV funding will ruin my credit forever since the debt will keep showing up unless I can afford to build up some type of lawsuit against them.
Informational sources within this article was found at the following locations
LVNV funding web site
www.debtconsolidationcare.com/forums/lvnvfunding.html
http://householdwatch.com/logic/aboutdebt.php
www.complaintsboard.com/complaints/resurgent-capital-services-lvnv-funding-c25757.html
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Published by Pasiley
Health Care Professional, wide variety of interests in the medical field. View profile
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13 Comments
Post a CommentMy husband is in afghanistan and LVNV funding has been coming after us about a debt from 2007 and after we paid them the only debt my husband had we still have several other companies contacting us about the same debt so they took advantage of a deployed military man and our money disappeared. We are now being penalized because my husband served in iraq in 2007 and didnt get some of his mail then when he went to afghanistan all of the sudden they show up again. We dont have a problem paying the debt we do have a problem with them stealing money and not forwarding that information to the owner of the debt.
Hi, my name is Arturo and Nick has helped me in my case. He guided me in the right direction and have found out by his help that the case was wrongfully placed on my credit report. Without his help I would have never known what to do or even where to go. Nick you are a good person and I wish that nothing but good things happen for you. Thanks again and I would refer Nick to anyone I know that would benefit from his knowledge. Thanks again. Visit defendasummons.com
There is no statute of limitations on collecting a debt, so there can't be such a thing as "expired debts." There is a statute of limitations to sue on a debt or to report a debt to the credit bureau, but collection efforts can be ongoing, regardless of the age of the debt.
i want to know how you got my name and 4 of my credit with your company name LVNV Funding LLC. Can you send any information with the company's name and the amount to Carmen Santiago P O Box 143 Groton NY 13073
1. Resurgent Capital Services LP
15 South Main Street
Greenville, S.C. 29601
2. Resurgent Capital Services LP
15 South Main Street #401
Greenville, S.C. 29601
3. Resurgent Capital Services LP
15 South Main Street Suite 700
Greenville, S.C. 29601
4. LVNV Funding LLC
15 South Main Street
Greenville, S.C. 29601
5. LVNV Funding LLC
15 South Main Street Suite 700
Greenville, S.C. 29601
6. Alegis Group LP
15 South Main Street
Greenville, S.C. 29601
7. Alegis Group LP
15 South Main Street, Suite 401
Greenville, S.C. 29601
8. Alegis Group LP
15 South Main Street, Suite 700
Greenville, S.C. 29601
9. Sherman Acquisition LP
15 South Main Street,
Greenville, S.C. 29601
10. Sherman Acquisition LP
15 South Main Street, Suite 401
Greenville, S.C. 29601
11. Sherman Acquisition LP
15 South Main Street, Suite 700
Greenville, S.C. 29601
12. Sherman O
I am being sued by LVNV Funding. However the I never had the charge cards that they are speaking of. They said that that I owed Citibank, however when I called to verify what creditor it was they said no it must be a discover card. I must add that Ive never had either one. Thirdly I received a call from LVNV about an account I had over 6 years ago. I paid it off with another agency that had the debt. After this phone call I knew something was fishy about them. I have filed both an appeal with the courts, hired an attorney and filed and complaint about this company.
Just thought I would address some of the inaccuracies on saw in your article. Lvnv is not a debt collector. They are a purchaser of debt. They don't have 20 different aliases like some claim...it usually goes as LVNV funding, shermin financial, and resurgent capital services. No debt is "outdated". Every debt is collectible, unless your state laws state that it is uncollectible past the statue of limitations (legal statue of limitations), and there are only a few states with that law. Lvnv and all of its companies follow all FDCPA and FCRA guidelines. Just here to clear up your confusion.
The same thing has happened to me, except they levied my bank account took over 1700 dollars, hire attorneys who served fraudulent papears to superior court, now I have to hire an attorney to get the monies back for a debt, which is not mine Why is this allowed to go on.
They did the same to me except it was not even my debt. They also levied my bank account with fraudelent papers.
Does anyone know if LVNV also goes by Central Credit Services, Inc.?