How to beat Resurgent Capital Services and LVNV Funding | SoloSuit Blog

george simon’s | July 27, 2022

If you’ve received a call from Resurgent Capital Services or LVNV Funding regarding a debt you allegedly owe, you always need to know how to respond. This article breaks down everything you need to know to beat these two debt collection agencies and secure a significant victory on your journey to debt-free living.

LVNV financing purchases delinquent or defaulting debt accounts from major banks and lenders such as Citibank, Best Egg, Capital One, SOFI, etc. After acquiring these debt accounts, they assign resurgent capital services to collect them. So, if your debt was sold to LVNV Funding, you likely received or have already received a call from Resurgent Capital Services to try to collect what you allegedly owe.

To beat the resurgence of LVNV financing and capital services, you’ll need to understand your rights as a presumed debtor. But before we even discuss that, let’s look at some of the things you shouldn’t do when contacting either of these two debt collection agencies.

what to do when contacting lvnv financing and resurgent capital services

send a debt validation letter

Some debt collectors may try to chase debts you don’t even know about. this could be a case of identity theft, mistaken identity, or even a resurrection of a previous debt. Whatever the reason, do not accept ownership of the debt unless there is sufficient evidence to show that you really do owe the stated amount.

As a presumed debtor, you have the right to request that the debt collection agency prove that you actually owe the debt. To do this, you must submit the request for debt validation in writing. do not submit this request verbally. This is because verbal requests may not carry weight in the event that a debt collection agency files a lawsuit against you. This type of request is known as a debt validation letter.

Many debt collectors simply give up after receiving a debt validation letter, and you can draft one with solosuit in minutes.

To preserve proof of the written request, use certified mail to send the request and retain a return receipt. It’s also important to note that debt collectors can no longer contact you about the debt unless they provide the evidence you’ve requested.

This graphic describes the timeline of a debt validation letter:

Debt Validation Letter Timeline

dispute the debt

When Resurgent Capital Services and LVNV Funding contact you about a debt you allegedly owe, they must also send you a written debt validation notice within five days of the initial contact. The notice must also state your right to dispute the validity of the debt within 30 days.

However, let’s assume that the initial communication was through a letter. In that case, the FDCPA allows Resurgent Capital Services and LVNV Funding, or any other collector, to include the Debt Validation Notice in the initial communication.

Ignoring the debt validation prompt will not magically make the debt go away. instead, it could complicate the entire process, for you. this is why.

If you don’t respond within 30 days of initial contact, the debt collector will assume the debt is valid. As a result, they may seek legal means to recover what you allegedly owe, even if it means filing a debt collection lawsuit against you.

If you are certain that the debt in question is invalid (ie, fraudulent, past the statute of limitations, wrong amount), you should dispute the debt immediately. this can prevent future lawsuits and collection attempts.

You may mail a dispute letter to lvnv funding llc c/o resurgent capital services at p.o. box 10497, greenville, sc 29603.

understand your rights as a consumer

As a consumer, you have rights protected by the Fair Debt Collection Practices Act (FDCPA). Therefore, if LVNV Financing and Resurgent Capital Services contact you about a debt you allegedly owe, you can ask them to:

See Also:  How to delete spam mail in Gmail once and for all | Laptop Mag

stop contacting you

You can ask them to stop contacting you. however, you must submit this request in writing. the only other reason these debt collection companies may contact you is to inform you of the next course of action against you.

call you at specific times

Debt collectors can’t call you before 8 a.m. m. or after 9 p.m. m. If you want them to contact you at a specific time based on your schedule or other factors, you can let them know your preferred time.

stop calling your workplace

It is illegal for debt collectors to call you while you are at work, especially if they know or should know that your employer prohibits it. If they call you while you’re at work and your employer doesn’t allow such phone calls (or even if your schedule doesn’t), you can tell them to stop in writing.

respect your privacy

lvnv financing and resurgent capital services cannot discuss your debt with anyone other than you or your attorney. for example, they can’t call your boss to tell you how much you’re supposed to owe. however, they may contact your spouse, attorney, parent, or legal guardian if you are under 18 years of age.

tell the truth

Debt collectors cannot lie about anything related to your debt. Whether it’s about the actual amount of debt or the consequences of defaulting on debt, LVNV Financing and Resurgent Capital Services cannot lie to you or threaten you about debt. for example, they cannot threaten you with jail time or misrepresent information in order to recover the debt you allegedly owe.

choose what you want to pay

If you owe lvnv financing and resurgent capital services on more than one debt, you can choose which debt account you want to pay off. by doing so, they cannot use your payment to settle a debt you have disputed.

what to do if demanded by lvnv financing and resurgent capital services

In the unfortunate event that Resurgent Capital Services and LVNV Funding file a debt collection lawsuit against you, you still have options. in that case, you will be served with a summons and demand for debt collection. The first step to winning in court is to respond to the summons and complaint.

Failure to respond may lead the judge to enter a default judgment against you. capital services and lvnv financing resurfaced the legal right to collect debt through different processes, such as garnishment of your wages.

To avoid a default judgment, you must respond to the Summons and Complaint by filing a written response. Hiring an attorney to represent you can be difficult and expensive. solosuit can help you write your own answer in minutes, for free!

This flowchart briefly describes the different paths a debt claim can take:

Debt Collection Lawsuit Flowchart

solosuit can also file your answer on your behalf and even have an attorney review your case before filing.

the end result

Most debt collection companies, including venture capital services and lvnv financing, will attempt to resolve the debt problem with you rather than file a lawsuit. This is because lawsuits are stressful and time consuming. If they verify your debt, you can discuss a payment plan with the debt collection agency. however, if the matter goes to court, you should respond or seek help from solosuit if you are not sure where to start.

solosuit can help you file an answer in all 50 states.

what is solosuit?

solosuit makes it easy to respond to a debt collection lawsuit.

how it works: solosuit is a step-by-step web application that asks you all the questions needed to complete your answer. Once completed, you can print the completed forms and mail the hard copies to the court or you can pay SoloSuit to file for you and have an attorney review the document.

See Also:  Does Onlyfans Send Mail To Your House in 2022? Here&039s What You Need To Know

>>read fastcompany’s article: Debt Lawsuits Are Complicated: This Website Simplifies Your Navigation

>>read npr’s story on solosuit: a student solution to give utah’s debtors a fighting chance

how to respond to a debt collection summons in your state

here is a list of guides for other states.

all 50 states.

  • alabama
  • alaska
  • arizona
  • arkansas
  • california
  • colorado </li
  • connecticut
  • delaware
  • florida
  • georgia
  • hawaii
  • idaho
  • illinois
  • indiana
  • iowa
  • kansas
  • kentucky
  • louisiana
  • maine
  • maryland
  • massachusetts
  • michigan
  • minnesota
  • mississippi
  • missouri
  • montana
  • nebraska
  • nevada
  • new hampshire
  • new jersey
  • new mexico
  • new york
  • north carolina
  • north dakota
  • ohio
  • oklahoma
  • oregon
  • pennsylvania
  • rhode island
  • south carolina
  • south dakota
  • tennessee
  • texas
  • utah; file a motion to satisfy judgment
  • vermont
  • virginia
  • washington
  • west virginia
  • wisconsin </ li
  • wyoming

guides on how to beat all debt collectors

being sued by another debt collector? they were making guides on how to beat each one.

  • absolute resolutions investments llc
  • accredited collection services
  • alliance one
  • amcol clmbia
  • american recovery service
  • asset acceptance llc
  • asset recovery solutions
  • associated credit services
  • autovest llc
  • cach llc
  • cavalry spv i llc
  • cerastes llc
  • colinfobur
  • covington credit
  • crown asset management
  • ctc debt collector
  • cypress financial recoveries
  • delanor kemper & associates
  • ohio eagle loan
  • educap
  • wealth information services
  • fia card services
  • forster & garbus
  • freshview solutions
  • fulton friedman & gullace llp
  • crop credit management
  • howard lee schiff
  • hudson & keyse llc
  • integras capital recovery llc
  • javitch block
  • jefferson capital systems llc
  • lvnv financing
  • mannbracken
  • marine finance
  • medicredit
  • michael j adams pc
  • michael j scott
  • midland funding llc
  • mullooly, jeffrey, rooney & flynn
  • mountain land collection
  • mrs associates
  • national chartered trust
  • denationstar foreclosure
  • acquisition northstar capital
  • ncep llc
  • nrc collection agency
  • onemain financial
  • palisades collection llc
  • pallida llc
  • paragon income group
  • pinnacle collection agency
  • pmab llc
  • portfolio recovery associates
  • evidence law
  • pyod llc
  • meeting student loan finance corporation
  • revenue group
  • regents and associates
  • rsieh
  • salander enterprises llc
  • second round sub llc
  • security credit services
  • sherman financial group
  • suttell and hammer
  • t-mobile
  • transworld systems
  • tulsa teacher credit union
  • ucb collection
  • velo law office
  • velocity investments
  • group of waypoint resources
  • weinberg and associates
  • wolpoff & abramson

win against credit card companies

Is your credit card company suing you? learn how you can beat each one.

  • bank of america
  • capital one
  • chase
  • credit one bank
  • paypal synchrony card
  • syncb/ppextr
  • synchronous bank
  • target national bank
  • wells fargo

Going to Court for Credit Card Debts: Key Tips

how to negotiate credit card debt

How to Settle a Lawsuit for Credit Card Debt: Definitive Guide

Get answers to these frequently asked questions

Need more information on statutes of limitations? read our guide to 50 states.

Why do debt collectors block your phone numbers?

How long do debt collectors take to respond to debt validation letters?

what are the largest debt collection companies in the united states?

Is zombie debt still a problem in 2019?

frequently asked questions about monkeys

If a car is repossessed, do I still owe the debt?

Are wallet recovery associates legit?

Is there a lawsuit against me without my knowledge?

Should I file for bankruptcy before or after a trial?

What is a default judgment? what should I do?

summoned to court for medical bills, what should I do?

What if someone sues you and you don’t have any money?

What if you never respond to debt collectors?

what happens when a debt is sold to a collection agency

What is a stipulated trial?

what is the deadline for the defendant to respond to avoid a default judgment?

Can a judgment creditor keep my car?

Can I pay off a debt after it has been serviced?

Can I stop the wage garnishment?

Can a default judgment be appealed?

Do I need a debt collection defense attorney?

Do I need a payday loan attorney?

Do student loans go away after 7 years? — student loan debt guide

Am I responsible for my spouse’s medical debt?

Should I marry someone who has debts?

Can a collector leave a voice message?

How does the assignment of debt work?

What happens if a defendant does not pay a judgment?

How does the assignment of debt work?

Can you help someone with a collection claim at work?

what is a debt warrant?

how many times can a trial be renewed in oklahoma?

Can an eviction be reversed?

Does debt consolidation have risks?

What happens if you prevent court papers from being served?

does student debt die with you?

can debt collectors call you at work in texas?

How Much Debt Do You Have to Be in Debt to File for Chapter 7?

what is the statute of limitations on debt in washington?

How long does a trial last?

Can private disability payments be garnished?

Can collectors call from local numbers?

does the fair credit reporting law work in florida?

The truth: should you never pay a debt collection agency?

Should you contact a debt collector in writing or by phone?

Do I need a debt negotiator?

What happens after a breach petition is filed?

Can a process server leave a summons taped to my door?

Learn more with these additional resources:

Need help managing your finances? take a look at these resources.

how to write a debt validation letter: the definitive guide

how to file a motion to compel arbitration without a lawyer

How to Stop Wage Garnishment: Everything You Need to Know

how to file an fdcpa complaint against your debt collector (ultimate guide)

defending yourself in court against a debt collector

tips on how to file an fdcpa lawsuit against a debt collection agency

tips on how to respond to a debt collection summons.

effective strategies on how to get back on track after a debt lawsuit

new hampshire debt statute of limitations

sample cease and desist letter against debt collectors

the ultimate guide to responding to a debt collection lawsuit in utah

west virginia debt statute of limitations

What Debt Collectors Can’t Do: The FDCPA Explained

defend yourself in court against the debt collector

how to settle debts

arkansas debt statute of limitations

you’re drowning in debt: that’s how i know nothing

help! I am being sued by my debt collector

how to file a motion to vacate the judgment

How to Respond to Summons for Debt Collection in Vermont

north dakota debt statute of limitations

clearpoint debt management review

indiana debt statute of limitations

Oregon Eviction Laws: What They Say

curadebt debt settlement review

how to write an aging debt letter

how to appear in court by phone

how to use the dirty hands doctrine

debt consolidation in eugene, oregon

Summoned to court for medical bills? what to do next

how to make a debt settlement agreement

Received a 3 day eviction notice? this is what to do

How to Respond to a Debt Collection Lawsuit

tips for leaving the country with unpaid credit card debt

kansas statute of limitations on debt collection

how to file a petition in small claims court in iowa

how to file a civil response in kings county supreme court

roseland associates debt consolidation review

how to stop a garnishment

debt draft review

Do debt collectors give up?

Can they garnish your wages for credit card debt?

How often do credit card companies sue for non-payment?

How long does a trial last?

How long before a creditor can garnish wages?

how to beat a debt collector in court

See Also:  Bypass Google Account Verification After Reset [2022 Updated]

Leave a Reply

Your email address will not be published. Required fields are marked *