LVNV Funding Refuses Debt Validation? Here’s What to Do

If LVNV Funding has contacted you about an alleged debt and refused to send a proper debt validation, it’s essential to understand your rights and take appropriate action.

LVNV Funding is a debt buyer that purchases delinquent accounts from original creditors. Under the Fair Debt Collection Practices Act (FDCPA), debt collectors are required to provide consumers with debt validation upon request.

What is Debt Validation?

Debt validation is the process where a debt collector provides you with documentation to prove that you owe the debt they are attempting to collect. This can include:

– The original creditor’s name
– The original account number
– The original account balance
– The date the debt was incurred
– Proof that the debt collector owns the debt

When a Debt Collector Refuses Debt Validation

If LVNV Funding refuses to send you a proper debt validation, it could be a violation of the FDCPA. Here’s what you should do:

1. Send a Debt Validation Letter
Write a formal letter to LVNV Funding requesting debt validation within 30 days, as required by the FDCPA. Be sure to send the letter via certified mail with a return receipt.

2. Document the Refusal
Keep detailed records of all communication with LVNV Funding, including the dates, the names of representatives you spoke with, and their refusal to provide the requested debt validation.

3. File a Complaint
If LVNV Funding continues to refuse to validate the debt, file a complaint with the Consumer Financial Protection Bureau (CFPB) and your state’s consumer protection agency. This puts the debt collector on notice that you are aware of your rights.

4. Consider Legal Action
If LVNV Funding persists in their refusal to validate the debt, you may want to consult with a consumer protection attorney. You may be able to pursue legal action for FDCPA violations, which can result in the debt collector paying your attorney’s fees and potentially other damages.

Protecting Yourself from Unlawful Debt Collection Practices

Refusing to provide debt validation is a tactic some debt collectors use to intimidate consumers. By asserting your rights and taking action, you can protect yourself from unlawful debt collection practices.

Remember, even if LVNV Funding eventually provides debt validation, you still have the right to dispute the debt if you believe it is inaccurate or unenforceable. Stay vigilant, document everything, and don’t hesitate to seek legal assistance if necessary.