resurgent capital services lvnv funding,llc bought old account greenville, South Carolina
does anybody out there know how many companiesLVNV funding has it's fingers in?I got a letter from them saying that ownership of an old account has now been transferred to them for collections. they gave a site for Resurgent Capital so I could view account.It showed an entirely different card account.I tried to call the previous creditor and resurgent came on the line.Itried telling both parties that that card was paid off in 2008.I even called the original card co.they said my last payment was in 12/06 and sold to arrow financial in8/07.had numerous communications with them in2008 and account was paid but never written off. I've moved several times since 2008 and paperwork is lost.who knew I'd have to keep it for a lifetime just in case they sold it again?at any rate now I don't know what to do. does anyone know when the SOL would start on an account like this?or is this co.even licensed to operate in Florida?
3 Updates & Rebuttals
ecrad64
United States of AmericaAssistance is welcomed!
#4Consumer Comment
Tue, May 29, 2012
I would love to get your opinion on how to handle LVNV. I have requested verification a number of times and have yet to receive any sort of communication from them!
Joseph Brown
Spartanburg,South Carolina,
USA
Thanx you Gina
#4Consumer Comment
Thu, February 09, 2012
A very good post on one of the countries biggest crooks. The statute of limitations in SC is 3 years, but criminal enterprises like these don't care. When they call again don't answer the phone, assuming you have caller ID. Also use Bud Hibbs website. Just type in his name and .com. A good man.
Gina
Abbeville,South Carolina,
United States of America
Lvnv Funding/ RCS
#4UPDATE EX-employee responds
Thu, February 09, 2012
I use to work for Resurgent Capital Services, LVNV Funding isnt even a real company, they just buy bad debt from the orginial creditors (sears, citi, Mci, etc) under LVNV Funding. Once they buy the portfolios and they are put in the system Resurgent takes over and then the debt is placed with 3rd party outside agencies such as northland group. Northland then starts the calling and harrasing.
When you call RCS all they have is the information that was sent to them by the orginial creditors, because they buy them in bulk they dont send everything. When I worked there it was a joke, there was NO paperwork only numbers, generally it is when the account was opened, when it was closed, original amount owed, stupid stuff like that, when a consumer would call or write a letter for validation it was a standered letter with NO info on it. We (employees) were not allowed to tell the consumer everything. Most of the time we were told to give them the outside agency number for them to call, if the consumer wanted to dispute the acct, we had to tell the consumer to have a police report or something that showed ID Theft.
Needless to say I worked there for 2 years only because I needed the job but I know for a fact that there are alot of laws being broke. Ex if the outside agency gave you a settlement offer, the offer is only good from anywhere 10-30 days and if its not pd at that time then they will send it back RCS with nonpay, then RCS will send it out to a new outside agency. If anyone has any questions about how the company works feel free to ask.