L V N V Funding L L C: Who They Are & What to Know
Want to know if L V N V Funding L L C is legit, why they’re on your credit report, or what happens if you don’t respond to their letter? Here’s a faith-filled guide to help.
Estimated reading time: 10 minutes
Disclaimer: This article is for educational purposes only and is not legal advice. If you are facing a debt collection lawsuit or need legal guidance, we recommend consulting with a qualified attorney in your area. Our debt advisors may be able to refer you to legal help, depending on your state and situation.
When you first receive a debt collection letter or phone call from L V N V Funding, it can feel confusing or even intimidating—especially if the name doesn’t ring a bell. Maybe it appeared on your credit report, or somebody served legal paperwork that left you full of questions.
At FaithWorks Financial, we’re here to help you understand who this company is, what your options are, and how to move forward with confidence—both financially and spiritually.
Who Is L V N V Funding L L C?
LVNV Funding LLC is a debt buyer and a debt collector. That means they purchase charged-off debt—typically from credit card companies, lenders, or other creditors—and attempt to collect it through their own agents or a third-party debt collection company.
The buying and selling of unpaid debt is a standard industry practice. When an original creditor writes off a past-due account, they often sell it to companies like LVNV for a fraction of the amount owed. That’s when LVNV might reach out to collect. If the debt remains unresolved, they may eventually begin legal proceedings.
Why Is LVNV Funding on My Credit Report?
If LVNV Funding is appearing on your credit report, it likely means they purchased an old account in your name and reported the outstanding balance as part of their collection efforts.
Collection accounts lower your credit score and remain on your credit report for seven years from the original delinquency. That’s why it’s helpful to check your report, understand the timelines, and confirm the accuracy of the information.
What Is a “Charged-Off” Debt—and Why Was I Not Notified?
A charged-off account is one that the original lender has marked as a loss after several months of missed payments. This usually occurs after 120-180 days of non-payment. A charge-off does not mean the debt disappears. Instead, the original lender often continues to collect on the debt or sell it to a debt buyer. Individual charged-off accounts are often bundled into a portfolio with other debts and sold to debt buyers such as LVNV Funding LLC, Midland Funding, and PRA Group.
Unfortunately, consumers don’t always receive or recognize the letter informing them when their creditor sold the debt. Addresses change and it’s easy to throw out mail from senders we don’t recognize, so it can sometimes come as a surprise to see their name.
Is LVNV Funding Legit?
Yes, LVNV Funding LLC is a legitimate debt buyer. They purchase charged-off debt from original creditors and may attempt to collect it through their own team or through affiliated agencies like Resurgent Capital Services.
That said, legitimacy doesn’t guarantee accuracy. Even real companies can report incorrect balances or try to collect on outdated, already-settled, or even mistaken debts. And unfortunately, some scammers pose as debt collectors to pressure people into paying them money they don’t really owe.
To confirm you’re dealing with the real LVNV Funding, you can view:
LVNV Funding’s Better Business Bureau profile
Their Nevada business registration (search “LVNV Funding LLC”)
LVNV Funding’s website
The contact information on these pages should be safe and credible. These links are for informational purposes only—not as an endorsement or recommendation, but to help you be sure you’re working with a real company vs. a potential scam.
What to Do When You Get a Collection Letter from L V N V Funding
If LVNV Funding LLC has contacted you, it’s understandable to feel unsure of what to do next.
From making sure the collector is legit to creating a plan of action, take these steps to take to move forward with confidence.
Addressing collections with LVNV Funding LLC
- Confirm You’re Dealing with a Legitimate Collection Agency
Before taking any next steps, verify and confirm that the notice you received actually came from a legitimate company. Once you’ve confirmed that you’re dealing with the actual LVNV Funding and not an imposter, it’s time to address the debt.
- Open the Letter and Read Carefully
Whether it’s a debt collection letter, email, or even a court summons, it’s crucial to understand what they’re claiming. Knowing the amount, the original creditor, and the timeline can give you a clearer picture—and more peace of mind.
- Consider Sending a Debt Validation Letter
One of the first steps many people take is requesting a debt validation letter. A debt validation letter is a written request for the collector to verify that the debt is accurate, still owed, and legally collectible.
This can be especially helpful if you don’t recognize the debt, believe you’ve paid the original debt, or want more details before proceeding.
Tip: Send your request within 30 days of first contact. It helps preserve your rights under federal law. - Review the Age of the Debt and Your State Laws
Each state has a different statute of limitations for how long a debt can be pursued through legal channels. If a lawsuit has been filed, knowing how old the debt is can be helpful in understanding your options.
This is a good time to review your credit report and any documentation you have from the original lender. - Know You Have Consumer Rights
Whether you’re dealing with LVNV Funding, Resurgent Capital Services, or any other debt collection agency, remember: you have the right to be treated fairly.
Debt collectors must follow federal and state laws, and should never:
Harass or threaten you
Misrepresent what you owe
Call repeatedly or at odd hours
These actions may violate your rights under the Fair Debt Collection Practices Act (FDCPA), which are designed to protect you as a consumer. If something doesn’t feel right, document it—and reach out for trusted support.
What If I Don’t Pay LVNV Funding?
Ignoring a debt collection notice from LVNV Funding can have serious consequences.
If the debt goes unresolved, you could face:
- A debt collection lawsuit
- Receiving a court summons by certified mail
- Risk of a default judgment
- Potential wage garnishment
- Being sued by LVNV Funding or a law firm they’ve hired
In our experience, most situations are solvable. However, when left ignored, these can be both financially and emotionally devastating.
If you’ve been served by LVNV Funding or believe a lawsuit is coming, it’s crucial to respond within the timeframe specified in the summons. Not responding could result in a default judgment that gives the collector power to garnish your wages, freeze or levy your bank account, or place a lien against your home.
Important: You don’t have to walk this road alone. FaithWorks Financial can help you respond wisely and in alignment with your financial goals. Here’s a Christian guide to dealing with debt collectors.
Other Common Debt Buyers and Debt Collection Agencies
LVNV Funding is one of several large debt buyers that might appear on your credit report or contact you about an outstanding debt. Other common names include:
- Sherman Financial Group
- Resurgent Capital Group
- Portfolio Recovery Associates
- Midland Funding/Midland Credit Management
If you’ve heard from these or other debt collection agencies, we have resources to help you understand sound strategies to settle or solve collection accounts.
FaithWorks Financial can review several ways to get the debt collector off your back. Not only will addressing the debt naturally improve your credit rating with the credit bureaus, it can also relieve the emotional stress that comes with debt.
Work with a debt advisor at FaithWorks Financial to come to an agreement for your LVNV debt and other debt buyers, all without bankruptcy.
So, Why Is “L V N V Funding L L C” Sometimes Shown with Spaces?
You’re not alone if you typed “L V N V Funding” with extra spaces—it happens all the time. Often, it reflects how the name appears on official paperwork. Searching for the specific spelling is a smart way to get more straightforward, precise results.
It may seem like a small detail, but it reflects a bigger truth: you’re paying attention and taking a step forward—and that’s a great place to start.
How FaithWorks Financial Can Help
If you’ve just opened a debt collection letter from LVNV Funding LLC—or worse, received a court summons—you’re likely feeling anxious, overwhelmed, or even panicked. Maybe the name doesn’t look familiar, or you’re wondering if it’s a scam. Perhaps it’s the first time you’ve seen legal language tied to your debt.
Whatever brought you here, we hope to be a support.
At FaithWorks Financial, we walk with people in this exact position every day. Whether you’re facing a debt collection lawsuit, staring down a debt letter from a debt collector, or simply know you need outside support, we’re here to help.
Reminder: This article is for educational purposes only and is not legal advice. If you are facing a lawsuit or need legal guidance, we recommend consulting with a qualified attorney in your area. Depending on your state, we can make a referral for legal help.
For those dealing with past-due accounts, we offer:
- Free, faith-rooted consultations
- Review of collection accounts and letters
- Guidance on debt settlement and payment plans
- A heart to serve, not to sell
Being contacted by a debt collector or facing an LVNV lawsuit can stir up fear and frustration. But as believers, we know that no financial burden is beyond God’s redemptive grace.
Beyond these services for those with debt already in collections, FaithWorks Financial offers a wide range of faith-rooted financial guidance. We walk with people just like you—offering Christian debt management tips, budget coaching, and compassionate, no-pressure conversations.
Let No Debt Remain Outstanding
When it comes to debt in the Bible, Scripture encourages proactive stewardship:
“Let no debt remain outstanding, except the continuing debt to love one another.”
If you’re struggling with outstanding debt or feel weighed down by old debts, now is the time to act—not just to avoid the risks of default or bankruptcy, but to walk in greater financial freedom.
Taking the next step—whether it’s settling the debt, entering a payment plan, or working with a Christian financial coach—can help you honor God with your finances and move forward with peace.
You Don’t Have to Face it Alone
👉 Schedule a free consultation with FaithWorks Financial and let’s take the next step together—with wisdom, grace, and hope.
FAQ’s— L V N V Funding L L C
Yes, LVNV is a legitimate company and a licensed debt buyer, though that doesn’t mean every account they handle is valid. It’s okay to ask questions and request more information.
Yes, LVNV is a legitimate company and a licensed debt buyer, though that doesn’t mean every account they handle is valid. It’s okay to ask questions and request more information.
If you believe the debt has been paid or resolved, you can send a debt validation letter to ask for documentation and clear up any confusion. Pull up records of your payments and communication to support your request.
Yes, many people choose to negotiate a debt settlement with LVNV Funding, where you pay a reduced amount, saving you money while resolving the account. You can do this alone, or we can help you create a solution for all of your debts based on your personal situation and goals.
In many cases, yes. It is very common for a debt collection agency to make payment arrangements toward the balance in full or toward a settlement. Just be sure the plan is affordable for your situation.
