Consumer complaint received 2024-10-18 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: Resurgent Capital Services L.P.
State: PA

Complaint narrative:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX  LVNV Funding LLC XXXX XXXX XXXX XXXX XXXX XXXX Re : Dispute of Debt and Request for Validation Account/Reference Number : XXXX Balance Amount : {$1100.00} To Whom It May Concern : I am writing in response to your recent communication regarding the alleged debt referenced above. I dispute the validity of this debt and demand full validation in accordance with my rights under the Fair Debt Collection Practices Act ( FDCPA ), 15 U.S.C. 1692g ( b ). As required by law, you must provide specific, verifiable proof that this debt is valid and that LVNV Funding has the legal right to collect it.

Please consider this letter a formal dispute. Until you provide the documentation requested below, you are to cease all collection activities and reporting to credit bureaus. The following is required to validate this debt : Proof that LVNV Funding has the legal right to collect this debt Provide documentation showing that LVNV Funding has valid assignment or transfer of ownership of this debt from the original creditor.

The original contract or agreement I demand a copy of the original signed agreement that created this debt, including all terms and conditions. This must demonstrate my explicit consent to the debt and its terms.

A detailed accounting of the debt Include a complete breakdown of the total amount claimed, including the original principal, interest, fees, penalties, and any other charges. Provide an itemized accounting that explains how these amounts were calculated. 

Proof that the debt is not time-barred Provide documentation showing the date of the last payment made on this account, along with proof that the statute of limitations has not expired in my state. 

Complete information regarding the original creditor Provide the full name and address of the original creditor, as well as any prior debt collectors who may have handled this account.

Proof of Securitization If this debt has been securitized ( bundled and sold as part of an asset-backed security ), I demand proof. Provide documentation that demonstrates whether this debt was bundled with other debts, sold as part of a security, or transferred in any other financial instrument. Include the name of the trust, the trustee, and the full chain of title for this debt, including all transactions, sales, or assignments. 

Cease all reporting to credit bureaus Until you have fully validated this debt and provided all requested information, you are prohibited from reporting any negative information regarding this account to any credit reporting agencies. Any violation of this will result in immediate legal action under the FDCPA and the Fair Credit Reporting Act ( FCRA ). 

If you fail to provide the requested documentation, I will consider this debt invalid, and I expect the matter to be resolved immediately, including the removal of any negative entries on my credit report. Additionally, any further attempts to collect this debt without proper validation will result in legal action to enforce my rights. 

I expect your response within 30 days, as required by law. If you can not provide the necessary validation, you must cease all collection activities and notify the credit reporting agencies that this debt is disputed. 

Thank you for your attention to this matter. I look forward to receiving the requested information. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with explanation