Complaint Review: Dynamic Values

I contacted Dynamic Values at the end of January 2013 in regards to purchasing an invoice.  I talked to Elizabeth Sanchez; she informed me that she was a paralegal at Dynamic Values law firm.  She took a few days to get back to me to let me know that after looking into my client they would not purchase my invoice but would pursue the debt collection and file a law suit if needed.  I explained that money was very tight and I did not have time to wait and needed a solution as soon as possible.  She explained that the process would take no longer than 65 days total even if they needed to get a judgment.  Through February and March I supplied documentation of the work completed for the customer to help what I thought were attorneys in the pursuit of funds. 

The beginning of April Ms. Sanchez began calling daily informing me Dynamic Values Attorneys needed $900 to continue to take my client to court to recover funds.  I questioned the reason for the $900 as the paperwork I signed stated that I would not have to pay anything until funds were recovered.  She informed me that they would not move forward without it.  She assured me that we had a strong case and I would recover not only my invoice but the $900 as well.  So on April 5, 2013 I allowed her to run my ATM card for the amount of $900 with the understanding that I needed a resolution at the soonest possible date as I had been in the hospital and money was even tighter now than it was in February.  She explained that it would be 30 days from the date I gave her the money (April 5, 2013) before a court date would be filed, then within 15 days of the court date we would have a judgment and guaranteed that within 45 days I would have my $900 along with the original invoice amount of $2,690 back.  

I did not hear from Ms. Sanchez again until May 10, 2013 at which time there had still not been a suit filed but she told me everything was ready to file and I would hear from them soon.  I attempted to contact Dynamic Values at least once a week until early June, I was unable to reach anyone via phone and no calls or emails were returned.  I began doing more research into Dynamic Values and the Better Business Bureau was starting fill up with stories just like mine.  I attempted to contact Dynamic Values again via phone on June 18, 2013 only to find that 2 of the three numbers I had for them were no longer in service and the third only had a machine stating they are not a law firm and can not give legal advice. I have not been able to reach Dynamic Values since May 10, 2013.  It was at this time I contacted my bank to see if there was anything I could do to recover the $900 given to Dynamic Values for legal work that they can not provide. They were unable to recover the funds but did receive rebuttal paperwork supplied by Dynamic Values on Saturday August 24, 2013.  In the rebuttal paperwork was a generic collection letter on the letterhead of an attorney in San Diego.  Hand written on this letter was “Exibit A” (I need to point out that “Exhibit” was misspelled) provided to my bank from Dynamic Values stating that the lawyer will pursue litigation within 10 days of the letter sent May 22, 2013.  I had never heard of this attorney so I contacted his office on Monday August 26, 2013.  He was familiar with the company Dynamic Values and had a file with the letter in it.  He explained that no monies were paid to his office on this case and he had been trying to contact Dynamic Values himself to no avail.  He explained that he was still waiting for the $280 that he requested in May but that he would not move forward on the case because my customer already had 7 judgments against her. 

As of October 31, 2013 no law suit had been filed against my outstanding invoice.  Just to reiterate, the attorney they claim to have hired, and submitted his letterhead as proof, was in fact not hired to do any work on this case and no money was given to him on my behalf.