Has LVNV Funding, LLC garnished your wages or bank account? If so, chances are very good that LVNV has taken money from you that it has no legal right to recover from you. We can help you get that money back in addition to up to $1,000.00 in statutory damages.
LVNV Funding, LLC is a third-party debt collector. LVNV buys old debt, often charged-off credit card debt, for pennies on the dollar. LVNV often collects debt through its collection servicer Resurgent Capital Services LP. LVNV and Resurgent are both subsidiaries of Sherman Financial Group. In turn, Sherman Financial is at the center of a web of related financial entities, including Credit One Bank, N.A. Credit One is in the business of issuing credit cards to consumers with bad credit ratings. The cards are loaded with fees and interest rate traps that often lead the consumers to default. After charge off, these debts are “sold” to LVNV, which often places them with Resurgent for collection.
LVNV is subject to the Fair Debt Collection Practices Act (“FDCPA”). It is an express violation of the FDCPA for a debt collector to collect more on a debt than is legally owed on the debt. If LVNV violated the FDCPA by garnishing your wages or bank account, we can sue LVNV under the FDCPA on your behalf at no cost to you. We can represent you for no cost because under the FDCPA, LVNV has to pay our fees and costs if we win or settle with LVNV. We are so confident of our ability to get a judgment or settlement against LVNV and at least $1,000.00 for you, that we are happy to take this risk.