Case Information Allegations at a Glance Michael Jordan has filed a lawsuit against LVNV Funding LLC, alleging that the company violated federal and state laws through the use of misleading and unlawful debt collection tactics. According to the complaint, LVNV attempted to collect a time-barred debt stemming from a 2007 credit card account that had …
Let me guess—you sent a debt collector a dispute letter, marked your calendar, and waited. Thirty days pass. No response. And now you’re wondering: “If they didn’t verify the debt in 30 days… does that mean it’s invalid? Do I win?” I wish it worked like that. But here’s the truth: not responding within 30 …
Question: Dear Steve, Is the Litigation Practice Group for real? They have me in a debt verification program. This company tried to dispute my debt with discover. And the creditor came back saying the debt was valid. So I’m paying them $385 a month. That will be $9,200 for two years. I think the company …
Today Damon Day and I talk about three quick topics. The first is a reader comment from our last podcast on debt validation. Danny sure is irritated by the podcast. Next, we talk about the termination of financing agreements for student loan assistance services. Finally, we discuss how the FTC is sending refund checks to …
Some companies love to sell debt validation as a miracle solution—but is it really? In this episode, Damon Day and I pull back the curtain on what debt validation actually is, what it doesn’t do, and why some sales pitches make it sound way better than it really is. If you’re considering debt validation to …
Question: Dear Steve, I may have been involved in a debt validation program. How do I find out which escrow account my money is being deposited into so that I can attempt to get a refund? Michelle Answer: Dear Michelle, Oh my. There are a few levels to this. The first concern is why it …
Question: Dear Steve, I had paid Burlington Financial $13,947.00 to help me get out of credit card debt. Now, this occurred in 2015. 1. How can l get my money back if they have not followed through with their obligations? Citronella Answer: Dear Citronella, I think you are actually talking about Burlington Financial Group. If …
Question: Dear Steve, I asked student loan Navient to provide me with proof the student loan is mine. They sent a list of loans, but the signature page was not mine. It was someone else name, address, social security number. I mean all of there personal information. What should be my next step? Joseph Answer: …
Question: Dear Steve, I noticed Golden Financial Services is pushing their “Debt Validation” as a way to save more money compare to debt settlement with various internet marketing. I did more research and found they use a company called Actify Solutions for this debt validation. By reading through the BBB complaints of Actify Solutions, I …
Question: Dear Steve, I live in CA, and in 2006, I received a $15,000 loan from MyRichUncle.com. I got divorced in 2010 and had to stop making payments and have not heard about it since. This month (Dec 2019) a collections company showed up on my credit report stating I owe $22,000. I called the …