A consumer, Juan Flores, filed suit against LVNV Funding and Resurgent Capital Services in what appears to be an overwhelming frustration with just getting a debt validated to make sure the collection claim is accurate. There is no better way to cover the frustration than to let the complaint speak for itself. FACTUAL ALLEGATIONS 9. …
Maryland District Court Chief Judge Ben C. Clyburn wiped the slate clean on about 3,600 lawsuits to collect debt that was initiated as the result of Resurgent Capital Services’ and LVNV Funding going after consumers. The companies reached a settlement with the State of Maryland that included paying a $1 million dollar penalty and dismissing …
A recent court case in Tennessee went all the way to the State Appeals Court. In this case the court ruled that debt collectors and secondary debt buyers need actual proof of the debt owed before they can recover it. The case involved LVNV Funding, Resurgent Capital and Sherman Financial Group. “In December 2009, Plaintiff/Appellee …
According to a tip a reader sent in after noticing a mention of this issue from CollectionsCreditRisk.com the following State of Maryland press release was found. Maryland Commissioner of Financial Regulation Suspends Collection Agency Licenses of LVNV Funding, LLC and Resurgent Capital Services BALTIMORE, MD (October 28, 2011) – The Maryland Department of Labor’s (DLLR) …
Please share your experience with this debt collection company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt collection company. Here are …