What is the LVNV Funding LLC class action lawsuit?
LVNV Funding LLC is a debt collection agency that has been sued numerous times for alleged violations of the Fair Debt Collection Practices Act (FDCPA). The FDCPA is a federal law that protects consumers from abusive debt collection practices.
In 2014, a federal class action lawsuit was filed against LVNV Funding in the United States District Court for the Northern District of Illinois. The lawsuit alleged that LVNV Funding violated the FDCPA by:
- suing consumers for debts that were past the statute of limitations
- failing to provide consumers with accurate information about their debts
- using harassing and deceptive tactics to collect debts
The lawsuit was settled in 2018 for $10 million. As part of the settlement, LVNV Funding agreed to change its debt collection practices and to pay $1,000 to each class member who had been sued by the company.
Other class action lawsuits against LVNV Funding
In addition to the 2014 lawsuit, LVNV Funding has been sued in several other class action lawsuits for alleged violations of the FDCPA. In 2017, a class action lawsuit was filed against LVNV Funding in New Jersey, alleging that the company was suing consumers for debts that were past the statute of limitations. The lawsuit was settled in 2019 for $1.5 million.
In 2018, a class action lawsuit was filed against LVNV Funding in Texas, alleging that the company was misleading consumers about their rights to defend themselves against debt collection lawsuits. The lawsuit is still ongoing.
What should I do if I have been sued by LVNV Funding?
If you have been sued by LVNV Funding, you should contact an attorney to discuss your legal options. You may be able to defend yourself against the lawsuit or negotiate a settlement with the company.
FAQs:
Q: What is the Fair Debt Collection Practices Act (FDCPA)?
A: The FDCPA is a federal law that protects consumers from abusive debt collection practices. The law prohibits debt collectors from using harassing or deceptive tactics to collect debts.
Q: What are some of the things that debt collectors are prohibited from doing under the FDCPA?
A: Debt collectors are prohibited from:
- calling consumers before 8am or after 9pm
- contacting consumers at work if their employer does not allow it
- threatening consumers with violence or arrest
- using deceptive tactics to collect debts, such as misrepresenting the amount of the debt or the legal consequences of not paying
Q: What can I do if I have been harassed by a debt collector?
A: If you have been harassed by a debt collector, you can file a complaint with the Consumer Financial Protection Bureau (CFPB). You can also contact an attorney to discuss your legal options.
Q: Can I sue a debt collector for violating the FDCPA?
A: Yes, you can sue a debt collector for violating the FDCPA. If you win your case, you may be awarded damages, including attorneys’ fees and court costs.
Q: I have been sued by LVNV Funding. What should I do?
A: If you have been sued by LVNV Funding, you should contact an attorney to discuss your legal options. You may be able to defend yourself against the lawsuit or negotiate a settlement with the company.
Q: Is there a class action lawsuit against LVNV Funding?
A: Yes, there is a class action lawsuit against LVNV Funding for alleged violations of the FDCPA. The lawsuit was filed in 2018 and is still ongoing.
Conclusion
LVNV Funding LLC has been sued numerous times for alleged violations of the Fair Debt Collection Practices Act. If you have been sued by LVNV Funding, you should contact an attorney to discuss your legal options.
References:
- LVNV Funding LLC Class Action Lawsuit Settlement: https://topclassactions.com/lawsuit-settlements/closed-settlements/lvnv-funding-unlawful-collection-lawsuits-100k-class-action-settlement/
- LVNV Funding LLC Sued for Violating Fair Debt Collection Practices Act: https://rightsprotect.com/blog/2021/07/was-lvnv-funding-llc-sued-for-allegedly-committing-unlawful-debt-collection-in-violation-of-the-fdcpa/
- LVNV Funding LLC Class Action Lawsuit Alleges Company Sued Consumers for Debts Past Statute of Limitations: https://rightsprotect.com/blog/2021/07/was-lvnv-funding-llc-sued-for-allegedly-committing-unlawful-debt-collection-in-violation-of-the-fdcpa/