LVNV Funding LLC filed 31,545 collection lawsuits in Massachusetts alone in 2025, a 146 percent increase from 2019. They have nearly 9,000 CFPB complaints. A federal appeals court ruled against them in a landmark case over time-barred debt. If LVNV is contacting you or has appeared on your credit report, here is what you need to know.
What Is LVNV Funding LLC?
LVNV Funding LLC is a passive debt buyer. It purchases portfolios of charged-off consumer debt for pennies on the dollar and then attempts to collect the full balance from consumers. LVNV itself has no employees. All collection activity is handled by its operating affiliate, Resurgent Capital Services LP.
Both companies are owned by Sherman Financial Group, based in Charleston, South Carolina. The legal address for LVNV Funding is 55 Beattie Place, Greenville, SC 29601.
LVNV buys several types of consumer debt:
- Credit card debt
- Personal loans
- Retail store cards
- Medical debt
Because LVNV collects consumer debt, it is fully subject to the Fair Debt Collection Practices Act. Resurgent Capital Services, which does all actual collection work on LVNV’s behalf, is also subject to the FDCPA.
Consumer dispute address: LVNV Funding LLC, c/o Resurgent Capital Services, PO Box 10497, Greenville, SC 29603.
Government Enforcement Actions Against LVNV Funding
Maryland: $4.8 Million Action (2012)
The Maryland Commissioner of Financial Regulation took enforcement action against LVNV Funding in July 2012. The state found LVNV had been collecting debts in Maryland without a license and had filed false documents in state courts.
The result: a $1 million fine and $3.8 million in restitution to affected consumers, totaling $4.8 million. This remains the largest single enforcement action directly against LVNV.
Connecticut: Resurgent Consent Order (2021)
The Connecticut Department of Banking issued a consent order against Resurgent Capital Services on August 26, 2021. The order found Resurgent had collected unlawful interest from Connecticut consumers. The penalty was $2,500, but the consent order required Resurgent to change its practices and affected all Connecticut consumers whose accounts Resurgent was managing.
LVNV Funding LLC Lawsuits
McMahon v. LVNV Funding (7th Circuit, 2014) – Landmark Consumer Win
This case set a controlling legal precedent for the entire Seventh Circuit, covering Illinois, Indiana, and Wisconsin.
Case: McMahon v. LVNV Funding LLC Case No.: No. 12-3504 Court: U.S. Court of Appeals, Seventh Circuit Year: 2014
The court ruled that filing a proof of claim in bankruptcy court for a debt that is past the statute of limitations is a violation of the FDCPA. LVNV had been filing these stale claims routinely. The ruling meant that any time-barred claim LVNV filed in bankruptcy court in the Seventh Circuit was an FDCPA violation, giving consumers a right to sue and recover damages.
Finch and Dorsey v. LVNV Funding (Baltimore, 2017) – $38 Million Jury Verdict
Two Baltimore consumers, Finch and Dorsey, took LVNV to trial in Baltimore City Circuit Court. The jury returned a verdict of $38 million against LVNV.
The verdict was later reduced on appeal, but the case demonstrated that juries can and will hold LVNV accountable for debt collection misconduct at a very high level.
Woods v. LVNV Funding (7th Circuit, 2022) – LVNV Win
Case No.: No. 21-1981 Court: U.S. Court of Appeals, Seventh Circuit Year: 2022
The Seventh Circuit ruled in LVNV’s favor in this case, finding that not all filings on time-barred debt automatically violate the FDCPA. The ruling narrowed the McMahon precedent somewhat, requiring consumers to show that the filing was deceptive or unfair under the specific circumstances.
Jordan v. LVNV Funding (D. Oregon, 2025)
An active federal case filed in 2025 in the District of Oregon continuing to test LVNV’s practices around time-barred debt. This case reflects that LVNV’s statute of limitations practices remain an active area of litigation.
LVNV Funding Lawsuit Volume: A Record High
According to a July 2026 report from the Pew Charitable Trusts, LVNV Funding filed 31,545 collection lawsuits in Massachusetts alone in 2025. That is a 146 percent increase from their 2019 filing volume. Nationally, LVNV is among the most active debt-buyer plaintiffs in state courts.
The law firms LVNV uses to file these suits include Weltman, Weinberg and Reis, among others. These firms file in small claims and general district courts where many consumers never appear to defend themselves, resulting in automatic default judgments.
Is There an Open LVNV Funding Settlement?
No. There is no open class action settlement claim form for LVNV Funding as of September 2026. An Illinois class action settlement closed in 2022. No new class action settlement is currently accepting claims.
Your options if LVNV has harmed you are individual: an FDCPA lawsuit, a credit bureau dispute, or a response to any lawsuit they have filed against you.
Monitor open class action settlements for any future LVNV cases.
LVNV Funding on Your Credit Report
LVNV Funding appears on credit reports as a collection account. When they buy your debt, they report it as a new collection entry to Equifax, Experian, and TransUnion.
Key facts about LVNV credit reporting:
- A collection account from LVNV can stay on your credit report for 7 years from the date of original delinquency, regardless of how many times the debt changes hands
- LVNV cannot legally restart the 7-year clock by buying the debt
- If the original delinquency was more than 7 years ago, LVNV’s credit entry may be disputable under the Fair Credit Reporting Act
To dispute a LVNV credit entry, file disputes with all three bureaus at annualcreditreport.com. If LVNV cannot verify the debt, the bureaus must remove the entry.
Your Rights Against LVNV Funding LLC
Right to Debt Validation
Within 5 days of first contact, LVNV or Resurgent must send you a written notice with the debt amount, the original creditor’s name, and your right to dispute within 30 days. Send your dispute by certified mail to: LVNV Funding LLC, c/o Resurgent Capital Services, PO Box 10497, Greenville, SC 29603.
Right to Challenge Time-Barred Debt
Every state sets a statute of limitations on how long a creditor can sue to collect a debt. For credit card debt, this is typically 3 to 6 years from the last payment. If LVNV’s debt is past your state’s limit:
- They cannot win a lawsuit to collect it
- Filing a lawsuit anyway may be an FDCPA violation under McMahon
- You should never pay an old debt without first checking whether the statute of limitations has expired, because payment can restart the clock
Right to Stop Contact
A written cease-and-desist letter to Resurgent Capital Services stops all collection calls. After receiving it, they can only contact you to confirm they will stop or to notify you of a specific lawsuit. Send by certified mail and keep the receipt.
Right to Sue for Violations
If LVNV or Resurgent violates the FDCPA, you can sue in federal court within one year. Successful plaintiffs recover up to $1,000 in statutory damages, actual damages, and attorney fees. Many consumer rights attorneys handle FDCPA cases on contingency.
How to Write a Debt Validation Letter to LVNV Funding
A debt validation letter does not need to be complicated. Send it within 30 days of first contact by certified mail with return receipt. Keep the green card when it comes back, that is your legal proof the letter was received.
Use this template as a starting point:
[Your Name] [Your Address] [Date]
Resurgent Capital Services LP PO Box 10497 Greenville, SC 29603
Re: Account Number [XXXXXXX] — Request for Debt Validation
To Whom It May Concern:
I am writing in response to your communication dated [date of their letter] regarding an alleged debt. I am requesting that you provide validation of this debt as required under the Fair Debt Collection Practices Act, 15 U.S.C. § 1692g.
Please provide the following:
- The name and address of the original creditor
- A copy of the original signed agreement or application
- A complete account history showing how the current balance was calculated
- Proof that your company is licensed to collect debt in my state
- Documentation of the chain of ownership from the original creditor to your company
Until this debt is validated, please cease all collection activity, including credit reporting of this account. If you cannot provide validation, please confirm in writing that this account has been closed and that no further collection will be attempted.
Sincerely, [Your Name]
How to Handle an LVNV Funding Debt
Step 1: Request debt validation in writing. Mail a request within 30 days of first contact to Resurgent Capital Services at PO Box 10497, Greenville, SC 29603.
Step 2: Check the statute of limitations. Find your state’s limit for the debt type. If the last payment was more than 3 to 6 years ago (depending on state), the debt may be time-barred. Do not pay or make any payment arrangement without checking this first.
Step 3: Pull your credit reports. Check whether LVNV has reported a collection account. Verify the original delinquency date. If the 7-year reporting period has expired, dispute the entry.
Step 4: Respond to any lawsuit. If LVNV files a lawsuit against you, respond by the court deadline. Request proof of debt ownership in discovery. Courts have found LVNV often cannot produce the original signed credit agreement or complete chain-of-title documentation.
Step 5: File complaints. Report violations to the CFPB and the FTC at reportfraud.ftc.gov.
Frequently Asked Questions About LVNV Funding LLC
Is LVNV Funding LLC a legitimate company or a scam?
LVNV Funding LLC is a legitimate, licensed debt buyer. It is not a scam. However, it has nearly 9,000 CFPB complaints, paid $4.8 million in a Maryland enforcement action, and has been the subject of a landmark federal appeals court ruling finding some of its practices violated the FDCPA. Verify any debt they claim you owe before paying.
Why does LVNV Funding appear on my credit report?
LVNV purchased a debt that was originally owed to another creditor, such as a credit card company or bank. When they buy a debt, they report it as a collection account. The entry can stay for 7 years from the original delinquency date. If that date has passed, dispute the entry with all three credit bureaus.
Can LVNV Funding sue me?
Yes. LVNV files tens of thousands of collection lawsuits each year through law firm partners. If you are served with a lawsuit, respond by the court deadline. Ignoring a lawsuit results in an automatic default judgment, which gives LVNV the power to garnish wages and bank accounts.
What is Resurgent Capital Services and how is it related to LVNV?
Resurgent Capital Services LP is the operating company that handles all collection activity for LVNV Funding. LVNV is a passive holding entity with no employees. When you receive calls or letters from Resurgent, they are collecting on behalf of LVNV. Both companies are owned by Sherman Financial Group and both are subject to the FDCPA.
How do I get LVNV Funding off my credit report?
First, check the original delinquency date. If it is more than 7 years ago, dispute the LVNV entry with all three credit bureaus as outdated. If the debt is within the 7-year window, dispute it as unverifiable and request that LVNV and Resurgent provide validation. If they cannot verify the debt, the bureaus must remove it.
What is the McMahon v. LVNV case?
McMahon v. LVNV Funding (No. 12-3504, 7th Cir. 2014) is a landmark federal appeals court ruling finding that filing a proof of claim in bankruptcy court for a time-barred debt violates the FDCPA. The ruling covers Illinois, Indiana, and Wisconsin. It remains one of the most important consumer protections against LVNV’s practice of filing stale debt claims.
Is there a class action settlement against LVNV Funding I can join?
No. There is no open class action settlement against LVNV Funding as of September 2026. A prior Illinois settlement closed in 2022. If you have been harmed by LVNV’s collection practices, your remedy is an individual FDCPA lawsuit. Contact a consumer rights attorney to evaluate your specific situation.
How do I dispute a debt with LVNV Funding?
Send a written dispute and debt validation request by certified mail within 30 days of their first contact. Address it to: LVNV Funding LLC, c/o Resurgent Capital Services, PO Box 10497, Greenville, SC 29603. Request the original creditor name, account number, amount breakdown, and proof of LVNV’s right to collect. Keep your certified mail tracking receipt.
This article is for informational purposes only and does not constitute legal advice. If LVNV Funding has violated your rights or filed a lawsuit against you, consult a licensed consumer rights attorney in your state.
Sources: Maryland Commissioner of Financial Regulation (July 2012); Connecticut Department of Banking Consent Order (August 26, 2021); McMahon v. LVNV Funding LLC, No. 12-3504 (7th Cir. 2014); Pew Charitable Trusts Debt Collection Report (July 2026); CFPB Consumer Complaint Database; FDCPA 15 U.S.C. § 1692.
Related: Velocity Investments LLC: What to Do If They Sue You | Transworld Systems: Know Your Rights | Halsted Financial Services: FDCPA Rights Guide | Open Class Action Settlements
