How a Debt Lawsuit Defense Attorney Can Help You Against LVNV Funding LLC Lawsuit in Texas
LVNV Funding is a debt buying company that purchases old, charged-off debts from credit card companies, banks, and other creditors. Once LVNV Funding acquires these debts, they will attempt to collect the debt from the consumer or take legal action by filing a debt collection lawsuit.
If you are facing a debt collection lawsuit from LVNV Funding, it is essential to seek the assistance of an experienced debt lawsuit defense attorney. Here are a few ways that a debt lawsuit defense attorney can help you:
- Review the Lawsuit and Ensure Compliance with Federal and State Laws
Debt collection companies such as LVNV Funding must comply with federal and state laws, including the Fair Debt Collection Practices Act (FDCPA), which prohibits certain debt collection practices such as harassment, using false or misleading statements, and contacting third parties about the debt. Additionally, LVNV Funding must comply with state-specific debt collection laws, including the statute of limitations for debt collection lawsuits.
A debt lawsuit defense attorney can review the lawsuit filed by LVNV Funding and ensure that the company is following all applicable federal and state laws. If there are any violations of the law, the attorney can use this information to build a defense strategy on your behalf.
- Challenge the Validity of the Debt
Debt buyers such as LVNV Funding purchase old, charged-off debts that may have been previously paid or settled. Additionally, the original creditor may have already written off the debt, meaning that it is no longer legally collectible. A debt lawsuit defense attorney can review the details of the debt and challenge the validity of the debt if it is inaccurate, invalid, or unenforceable.
- Negotiate a Settlement or Payment Plan
A debt lawsuit defense attorney can also negotiate a settlement or payment plan on your behalf. This can help you avoid a judgment against you, which can negatively impact your credit score and result in wage garnishment or bank account seizure.
- Represent You in Court
If LVNV Funding continues with the lawsuit, a debt lawsuit defense attorney can represent you in court. The attorney can argue on your behalf, challenge the evidence presented by LVNV Funding, and defend you against the lawsuit. If necessary, the attorney can also file counterclaims against LVNV Funding.
- Provide Legal Advice and Guidance
A debt lawsuit defense attorney can provide you with legal advice and guidance throughout the entire process. The attorney can explain your legal rights, answer any questions you may have, and provide guidance on the best course of action to take.
In conclusion, if you are facing a debt collection lawsuit from LVNV Funding, it is crucial to seek the assistance of an experienced debt lawsuit defense attorney. The attorney can help you review the lawsuit for compliance with federal and state laws, challenge the validity of the debt, negotiate a settlement or payment plan, represent you in court, and provide legal advice and guidance. By having an attorney on your side, you can protect your legal rights and increase your chances of achieving a positive outcome.