- Report: #435093
Complaint Review: LVNV Funding LLC REsurgent Capital Services Aegis Receivables Management Inc. Allied Interstate - Greenville South Carolina
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LVNV Funding LLC REsurgent Capital Services Aegis Receivables Management Inc. Allied Interstate
15 S. MAin St., Suite 600 Greenville, 29601 South Carolina, U.S.A.
Phone:
1-888-665-0374
Web:
N/A
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LVNV Funding LLC, REsurgent Capital Services, LVNV Funding LLC, REsurgent Capital Services, Aegis Receivables Management Inc., Allied Interstate Debt Validation Response Greenville South Carolina
I just wanted to post on the website and see if people could give me some ideas about what to do. I've been contacted by Resurgent Capital Services, Aegis Receivables Management Inc., and Allied Interstate all trying to collect on a debt for LVNV funding LLC in the amount of about 300 dollars. Allied Interstate has told me that Old Navy was the original creditor but Aegis and Resurgent have said that GE capital was the original creditor. I have never heard of GE capital and have not used my Old Navy account for 3-4 years after I canceled it. The Old Navy card had been used only once and was paid off. I sent a debt validation letter to all 3 agencies which I got from another website which basically asked for :
What I need you to provide as the debt validation is as follows:
1. What the money you say I owe is for;
2. Explain and show me how you calculated what you say I owe;
3. Provide me with copies of any papers that show I agreed to pay what you say I owe;
4. Provide a verification or copy of any judgment if applicable;
5. Identify the original creditor;
6. Prove the Statute of Limitations has not expired on this account
7. Show me that you are licensed to collect in my state
8. Provide me with your license numbers and Registered Agent
9. Proof that the collection company owns the debt/or has been assigned the debt. (You are legally entitled to collect this particular debt from me.) This is basic contract law.
10. Complete payment history, starting with the original creditor. (I need to have proof of my payment history with original Creditor, what the amount of the debt was when the creditor assigned the debt to your company, and what fees/interest has been tacked on to this debt and how you/they determined these fees.) This requirement was established by the case Fields v. Wilber Law Firm, Donald L. Wilber and Kenneth Wilber, USCA-02-C-0072, 7th Circuit Court, Sept 2004.
11. Copy of the original signed loan agreement or credit card application. (My contract with the original creditor establishing the debt between us.) This is also basic contract law.
Resurgent was the only agency to respond so far, but all they sent me was:
"Account Number XXXXXXXXXX for XXXXXXXXX acquired from GE capital is now owned by LVNV Funding LLC. At the time the account was acquired from GE Capital, GE Capital advised that the balance owing was $236.36. Since that time, additional interests, fees, paymens, credits, and offsets, iff applicable, have been allowed, for a current balance of $304.41.*
*Please note that any additional interests, fees, payments, credits and offsets made within the past 30 days may not be reflected in the above mentioned current balance."
Does this count as debt validation? I plan on sending them another letter because this means nothing to me. I have no idea what company GE Capital is and cannot seem to find a website for them. I have looked up all the collection agencies trying to contact me and have found that they seem to have disreputable reputations. I'm not going to pay a cent until they can actually tell me where this debt has come from, and how it has gotten to be $300 dollars and climbing.
I would appreciate any information you could give me on this.
KEvin
Boston, Massachusetts
U.S.A.
What I need you to provide as the debt validation is as follows:
1. What the money you say I owe is for;
2. Explain and show me how you calculated what you say I owe;
3. Provide me with copies of any papers that show I agreed to pay what you say I owe;
4. Provide a verification or copy of any judgment if applicable;
5. Identify the original creditor;
6. Prove the Statute of Limitations has not expired on this account
7. Show me that you are licensed to collect in my state
8. Provide me with your license numbers and Registered Agent
9. Proof that the collection company owns the debt/or has been assigned the debt. (You are legally entitled to collect this particular debt from me.) This is basic contract law.
10. Complete payment history, starting with the original creditor. (I need to have proof of my payment history with original Creditor, what the amount of the debt was when the creditor assigned the debt to your company, and what fees/interest has been tacked on to this debt and how you/they determined these fees.) This requirement was established by the case Fields v. Wilber Law Firm, Donald L. Wilber and Kenneth Wilber, USCA-02-C-0072, 7th Circuit Court, Sept 2004.
11. Copy of the original signed loan agreement or credit card application. (My contract with the original creditor establishing the debt between us.) This is also basic contract law.
Resurgent was the only agency to respond so far, but all they sent me was:
"Account Number XXXXXXXXXX for XXXXXXXXX acquired from GE capital is now owned by LVNV Funding LLC. At the time the account was acquired from GE Capital, GE Capital advised that the balance owing was $236.36. Since that time, additional interests, fees, paymens, credits, and offsets, iff applicable, have been allowed, for a current balance of $304.41.*
*Please note that any additional interests, fees, payments, credits and offsets made within the past 30 days may not be reflected in the above mentioned current balance."
Does this count as debt validation? I plan on sending them another letter because this means nothing to me. I have no idea what company GE Capital is and cannot seem to find a website for them. I have looked up all the collection agencies trying to contact me and have found that they seem to have disreputable reputations. I'm not going to pay a cent until they can actually tell me where this debt has come from, and how it has gotten to be $300 dollars and climbing.
I would appreciate any information you could give me on this.
KEvin
Boston, Massachusetts
U.S.A.
3 Updates & Rebuttals
Gina
Abbeville,South Carolina,
United States of America
Ex employee of RCS
#2UPDATE EX-employee responds
Thu, February 09, 2012
I can explain to you about the GE part, Even though you had an Old Navy card, GE was the bank that loaned you the money on the Old Navy card. I can tell you that Resurgent DOES NOT have the original paperwork, when GE sells these debt, they sell numbers not the paperwork (seriously this is what Resurgent trains their agents to say)
Allied Interstate isnt part of LVNV Funding or Resurgent its a 3rd party collection company that RCS placed the debt with.. If you pull up your credit report chances are there at 2 bad marks on. GE Capital will report as a closed/transfer bad debt acct and LVNV Funding will show as an open collection because they "own" the acct now. Its a bunch of BS.
I hope this helps
Mike
GASTONIA NC 28056,North Carolina,
U.S.A.
Fighting LVNV Funding
#3Consumer Suggestion
Tue, August 11, 2009
I too am a victim of LVNV Funding. I had never even heard of them until I received a court summons from them. I too sent a debt validation letter just like the one you sent. All I got in response was a bunch of objections. Then I received interrogatories and Admissions. Well this is where I messed up. I did not answer them. I felt like they had not proven anything. Well I just got out of court with them today and I lost due to not answering the questions. It seems in NC state law overrides Federal law. I pointed out to the judge 809. Validation of debts .(c) The failure of a consumer to dispute the validity of a debt under this section may not be construed by any court as an admission of liability by the consumer. This did not matter to judge. I also stated no evidence was ever given that I legally owe this debt. WEll guess what they got their Judgment. Now I am writting my state Attorney General. If you get these answer them. If only to deny them. Hope this helps Mike
The Educated Consumer
N/A,Michigan,
U.S.A.
LVNV Funding LLC, REsurgent Capital Services, LVNV Funding LLC, REsurgent Capital Services, Aegis Receivables Management Inc., Allied Interstate Debt
#4Consumer Suggestion
Wed, July 15, 2009
Hello, In response to your inquiry: NO THIS IS NOT A LETTER OF VALIDATION; According to the FDCPA law; which is a federal law; all the following must be present to act as a LETTER OF DEBT VALIDATION: o Proof that the collection company owns the debt/or has been assigned the debt, o Copies of statements from the original creditor o Copy of the original signed loan agreement or credit card application Anything short of the that is UNACCEPTABLE. You should now send them a letter advising that by law, they have not validated your debt and are required to remove all negative comments made to all credit bureaus from your report immediately! When they sell the debt to these collection companies; they never get this information from the credit card company. They get the basics: account number, name, SSN, address, and a phone number to harass you at. Check out this site for additional assistance. http://www.creditinfocenter.com/rebuild/debt_validation.shtml
