Complaint Review: LVNV Funding - Chicago Illinois

I've dealt with these people. They very recently changed their name to NVLV Funding LLP, from Sherman Aquisitions (probably because of FTC investigations). This company includes many others in their "family of companies". Interestingly they formed their LLP in Nevada, where I believe board members are required to have their names, SS numbers, home phones, and personal addresses on file. They are junk debt buyers. They really don't care if the debt is indeed yours, they're just out to shake you down. They purchase a debt (often even out of the statute of limitations)for 2 or 3 cents on the dollar, then try to shake down the debtor for the full surface amount. You neither morally nor legally owe anything to them. Paying up won't help your credit one bit. Send them a letter (certified, return receit) demanding that they verify the validity of this debt. Not that they have your name and address, but competent proof that you have some contractual obligation to pay them. (in my state, I think that if they haven't done this in 30 days, they have to remove any comments from a credit report). Settle for nothing less! Because they'll send everything from a boggus affidavit (worthless), or even a card with your signature written or forged on it. These people have been carrying on such shennanigans for so long that almost everyone is onto them. You can also sue them (in my state, small claims court) for violations of the Fair Debt Collection Practices Act, and it seems, the Fair Debt Reporting Act. (Even though, if you call them up, they sometimes pretend to be an original creditor, and the above laws don't apply to them - rubbish). Deal wit them only in writing, and if you must call them, record the call (and let them know you are recording). Believe me, this company is one of the biggest violators of the above mentioned laws in the country. Never give any bank information. You don't have to give them any information at all.

I've dealt with these people. They very recently changed their name to NVLV Funding LLP, from Sherman Aquisitions (probably because of FTC investigations). This company includes many others in their "family of companies". Interestingly they formed their LLP in Nevada, where I believe board members are required to have their names, SS numbers, home phones, and personal addresses on file. They are junk debt buyers. They really don't care if the debt is indeed yours, they're just out to shake you down. They purchase a debt (often even out of the statute of limitations)for 2 or 3 cents on the dollar, then try to shake down the debtor for the full surface amount. You neither morally nor legally owe anything to them. Paying up won't help your credit one bit. Send them a letter (certified, return receit) demanding that they verify the validity of this debt. Not that they have your name and address, but competent proof that you have some contractual obligation to pay them. (in my state, I think that if they haven't done this in 30 days, they have to remove any comments from a credit report). Settle for nothing less! Because they'll send everything from a boggus affidavit (worthless), or even a card with your signature written or forged on it. These people have been carrying on such shennanigans for so long that almost everyone is onto them. You can also sue them (in my state, small claims court) for violations of the Fair Debt Collection Practices Act, and it seems, the Fair Debt Reporting Act. (Even though, if you call them up, they sometimes pretend to be an original creditor, and the above laws don't apply to them - rubbish). Deal wit them only in writing, and if you must call them, record the call (and let them know you are recording). Believe me, this company is one of the biggest violators of the above mentioned laws in the country. Never give any bank information. You don't have to give them any information at all.

I've dealt with these people. They very recently changed their name to NVLV Funding LLP, from Sherman Aquisitions (probably because of FTC investigations). This company includes many others in their "family of companies". Interestingly they formed their LLP in Nevada, where I believe board members are required to have their names, SS numbers, home phones, and personal addresses on file. They are junk debt buyers. They really don't care if the debt is indeed yours, they're just out to shake you down. They purchase a debt (often even out of the statute of limitations)for 2 or 3 cents on the dollar, then try to shake down the debtor for the full surface amount. You neither morally nor legally owe anything to them. Paying up won't help your credit one bit. Send them a letter (certified, return receit) demanding that they verify the validity of this debt. Not that they have your name and address, but competent proof that you have some contractual obligation to pay them. (in my state, I think that if they haven't done this in 30 days, they have to remove any comments from a credit report). Settle for nothing less! Because they'll send everything from a boggus affidavit (worthless), or even a card with your signature written or forged on it. These people have been carrying on such shennanigans for so long that almost everyone is onto them. You can also sue them (in my state, small claims court) for violations of the Fair Debt Collection Practices Act, and it seems, the Fair Debt Reporting Act. (Even though, if you call them up, they sometimes pretend to be an original creditor, and the above laws don't apply to them - rubbish). Deal wit them only in writing, and if you must call them, record the call (and let them know you are recording). Believe me, this company is one of the biggest violators of the above mentioned laws in the country. Never give any bank information. You don't have to give them any information at all.

I've dealt with these people. They very recently changed their name to NVLV Funding LLP, from Sherman Aquisitions (probably because of FTC investigations). This company includes many others in their "family of companies". Interestingly they formed their LLP in Nevada, where I believe board members are required to have their names, SS numbers, home phones, and personal addresses on file. They are junk debt buyers. They really don't care if the debt is indeed yours, they're just out to shake you down. They purchase a debt (often even out of the statute of limitations)for 2 or 3 cents on the dollar, then try to shake down the debtor for the full surface amount. You neither morally nor legally owe anything to them. Paying up won't help your credit one bit. Send them a letter (certified, return receit) demanding that they verify the validity of this debt. Not that they have your name and address, but competent proof that you have some contractual obligation to pay them. (in my state, I think that if they haven't done this in 30 days, they have to remove any comments from a credit report). Settle for nothing less! Because they'll send everything from a boggus affidavit (worthless), or even a card with your signature written or forged on it. These people have been carrying on such shennanigans for so long that almost everyone is onto them. You can also sue them (in my state, small claims court) for violations of the Fair Debt Collection Practices Act, and it seems, the Fair Debt Reporting Act. (Even though, if you call them up, they sometimes pretend to be an original creditor, and the above laws don't apply to them - rubbish). Deal wit them only in writing, and if you must call them, record the call (and let them know you are recording). Believe me, this company is one of the biggest violators of the above mentioned laws in the country. Never give any bank information. You don't have to give them any information at all.