By: Robert J. Nahoum
According to the New York State Unified Court System, “junk debt buyer†LVNV Funding filed only 592 New York debt collection lawsuits in 2017 which is 98% less than the 8,621 it filed in 2016.
In 2017, Resurgent Capital Services LP, parent company of junk debt buyer LVNV Funding, purchased industry competitor SquareTwo Financial Corp out of Chapter 11 bankruptcy. SquareTwo is the parent company of prolific junk debt buyer CACH, LLC.  It is unclear whether in the future CACH LLC will continue to file new cases or whether its accounts will be migrated over to its sister junk debt buyer, LVNV Funding.
LVNV Funding, LLC is a located at:
625 Pilot Road
Las Vegas, NV 89119.
LVNV Funding is an accused violator of federal debt collection laws known as the Fair Debt Collection Practices Act (FDCPA) and is sued regularly by consumers for these violations. The FDCPA is a federal law that regulates the collection of consumer debts. It precludes third party debt collectors from using false, misleading, deceptive and harassing debt collection tactics.
If a debt buyer like LVNV Funding violates the FDCPA, you can sue or statutory damages up to $1,000.00 plus actual damages (like pain and suffering) and your attorney’s fees. In FDCPA cases, The Law Offices of Robert J. Nahoum, P.C. doesn’t charge our clients a penny out of pocket.
If you need help settling or defending a debt collection law suit, stopping harassing debt collectors or suing a debt collector, contact us today to see what we can do for you. With office located in the Bronx, Brooklyn and Rockland County, the Law Offices of Robert J. Nahoum defends consumers in debt collection cases throughout the Tristate area including New Jersey.
The Law Offices of Robert J. Nahoum, P.C
(845) 232-0202