“Who is LVNV Funding and why are they suing me?”
You may be wondering, “What do they want, and who are these people?”
The reason they’re suing you is because they claim that you owe them money.
Supposedly they own a debt that you owe.
They want you to agree to pay them money.
If you don’t agree to pay them, then they want to get a judgment against you.
If they get a judgment against you, they can garnish your wages, bank account, and sell your property.
“What should I do?”
The most important thing you can do, whether you hire a lawyer to handle your case or you handle it on your own, is to file an answer in your lawsuit.
If you’ve been sued in Small Claims or District Court, you have 14 days to file your answer.
If you were sued in Circuit Court, which sometimes LVNV does sue you in Circuit Court, you have 30 days to file your answer.
If you have any questions about when you were served, you can call the court.
You can also call us, and we can look it up for you (1-205-879-2447). Just ask for Carolyn.
If you don’t file your answer, LVNV wins.
Even if you don’t owe the debt.
Even if they don’t really own the debt.
The court will rule that you owe it, because you didn’t file your answer.
Who is LVNV Funding?
Typically, LVNV Funding is the last company to buy a debt.
Sometimes companies will buy a debt directly from the original creditor; however, that is rarely the case with LVNV.
Imagine that you have a Capital One card, and some company buys the debt from that card.
Then, it goes through a chain of companies until it reaches LVNV.
Usually Scott & Associates, or Zarzaur & Schwartz handle LVNV’s cases; however, there are other collection lawfirms that they may use.
Take this case very seriously.
Because they’re trying you get your money.
You have 5 options when you’re being sued by LVNV Funding.
We have another article that goes in depth about your options, but here’s a summary.
1.) You can file bankruptcy.
This is hardly ever a good option, but it is an option.
2.) You can fight it on your own.
Most of the time, this is one of the best options.
3.) You can settle it on your own.
This isn’t the best option either, but it’s still an option.
4.) Hire a lawyer to fight it.
5.) Hire a lawyer to settle it.
If you hire us, we can almost always make the lawsuit go away. You’ll need to think through the cost compared to the time and risk of you doing it on your own. We’ll be glad to help you think through those options. Call us at 205-879-2447.
We have plenty of experience with LVNV Funding.
In fact, as of today, we have a case where our client is suing LVNV Funding.
They won their case against them, and now they’re suing LVNV for false credit reporting, and for filing a bogus lawsuit.
We’ve been suing LVNV for around 10 years now.
Feel free to get in touch with us.
If you have any questions about what we covered in this article, you are more than welcome to call us.
You can reach us by phone at 1-205-879-2447, or you can fill out a contact form and we will get in touch with you to set up a phone meeting.
Make sure to ask for Carolyn when you call.
I look forward to chatting with you!
Have a great day.