Family Walking Outside Smiling LVNV Funding Is Suing Me: 3 Steps to Resolve It

Summary: LVNV Funding LLC is a debt buyer that purchases defaulted consumer accounts and may sue to collect. If you've been sued — or are worried you might be — this guide walks you through your options, including how to negotiate a settlement and resolve the debt before going to court.

Have you been sued by LVNV Funding? But you have no idea who LVNV Funding is? You're not alone. Many people who have defaulted on credit card debt or have fallen behind in student loan payments receive correspondence and are sometimes served with lawsuits from the debt collection company called LVNV Funding.

Getting a lawsuit can be confusing, stressful, and anxiety-provoking. But do not fear. You still have options to work with LVNV Funding and even settle your debt before going to court.

Read our debt settlement guide to learn more about how to settle your debt and save thousands.

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What Is LVNV Funding?

LVNV Funding LLC is a debt acquisition company based in Greenville, South Carolina. Rather than offering products or services directly to consumers, LVNV Funding purchases portfolios of past-due accounts from original creditors — such as credit card companies, banks, and lenders — and then works to collect the outstanding balances.

If you've received a letter or court summons from LVNV Funding about a debt you don't recognize, it's likely because your account was sold to them by your original creditor. You may have had a credit card through Synchrony Bank, Capital One, Citibank, or another lender — LVNV Funding purchases those kinds of accounts and becomes your new creditor.

Sued by LVNV Funding? Resolve your debt before going to court with SoloSettle.

Who does LVNV Funding collect for?

Original Creditor	Common Account Types
Synchrony Bank	Retail store cards (Old Navy, Gap, Amazon)
Capital One	Credit cards
Citibank	Credit cards, personal loans
Wells Fargo	Credit cards, personal loans
Chase	Credit cards
Various lenders	Personal loans, medical debt

Is LVNV Funding legit?

Yes. LVNV Funding LLC is a legitimate, incorporated business that has been operating for over 15 years. It is accredited by the Better Business Bureau and is legally authorized to collect debts and file lawsuits.

If LVNV Funding contacts you—even with a court summons—it does not mean you've done anything wrong. It simply means a debt associated with your name has been transferred to them, and they are attempting to collect it through legal channels.

Key Takeaway: LVNV Funding has the legal right to sue you, but you also have rights — including the right to respond, request debt validation, and negotiate a settlement.

What happens if LVNV Funding sues me?

Being served with a lawsuit can be alarming, but it's important to understand that a lawsuit is not the end of the road. It's actually the beginning of a process where you have real options.

The Most Important Rule: Don't Ignore the Lawsuit

If you ignore a lawsuit from LVNV Funding, the court will almost certainly issue a default judgment against you. A default judgment gives LVNV Funding legal tools to collect, which may include:

Wage garnishment: deducting money directly from your paycheck
Bank levy: freezing or withdrawing funds from your bank account
Liens: placed against property you own

Responding to the lawsuit — even with a simple Answer — keeps your options open and puts you in a much stronger negotiating position.

Follow these 3 steps to resolve your LVNV Funding lawsuit

Step 1: File a written Answer to the lawsuit

Your first move is to file a written Answer with the court before your state's deadline. This is typically 14–30 days from the date you were served. Filing an Answer signals to the court and to LVNV Funding that you intend to participate in the process. It also starts the clock on settlement negotiations.

Answer Deadlines by State

Deadline Calculator

Select your state.

Select the day you were served.

This calculator is for educational purposes only. It does not factor in weekends or holidays, so your actual deadline may be some days later.

Check your summons for the exact deadline in your jurisdiction.

Tips for drafting your Answer

To respond to a lawsuit from LVNV Funding, use these six steps:

Respond to each paragraph in the complaint with "admit," "deny," or "I lack sufficient knowledge to admit or deny."
Deny what you cannot verify. If LVNV Funding claims it owns your debt and you have no documentation confirming this, deny it.
Don't over-explain. The Answer is not the place to tell your full story — keep it factual and brief.
Include affirmative defenses where applicable (e.g., statute of limitations).
Use standard formatting or “style”
Sign and date the document and include a certificate of service.

Draft and file your Answer in 15 minutes with the help of Solo.

Watch this video to learn more about these 6 tips:

SoloSuit guides you through every question you need to answer to build a complete, court-ready Answer — no legal background required.

Step 2: Negotiate with LVNV Funding to settle your debt

This is where you can often save a significant amount of money. Because LVNV Funding purchases debt at a fraction of its face value, there is typically room to settle for less than the full balance, and both sides can walk away satisfied.

How to negotiate with LVNV Funding

Settlement is a back-and-forth process. You make an offer, LVNV Funding responds, and you work toward a number you can both agree on. Most settlements happen within a few rounds of offers. Let's look at an example.

Example: Marcus was sued by LVNV Funding for $3,400 in credit card debt from an old Synchrony Bank account. After filing his Answer through SoloSuit, he used SoloSettle to send a settlement offer of $1,100. LVNV Funding countered at $2,000. After two more rounds, they agreed on $1,500 — less than half the original balance. Marcus made a single lump-sum payment, and the lawsuit was dismissed.

Example: Teresa had $5,800 in debt that LVNV Funding acquired from a former credit card issuer. She was on a tight monthly budget and couldn't pay a lump sum. She offered $150/month for 18 months ($2,700 total). LVNV Funding accepted the payment plan, and Teresa completed it without ever going to court.

Pro Tip: LVNV Funding is generally willing to negotiate. Having a written offer through a platform like SoloSettle shows you're serious — and creates a paper trail that protects you.

Use Solo to send an offer and negotiate settlement with LVNV Funding.

Step 3: Get the Agreement in Writing and File It with the Court

Once you and LVNV Funding reach a settlement, get everything in writing before you pay anything. A proper settlement agreement should include:

The agreed settlement amount (or payment plan terms)
Confirmation that the debt will be considered satisfied upon payment
A statement that LVNV Funding will dismiss the lawsuit
Signatures from both parties

After you've fulfilled your end of the agreement, make sure the dismissal is filed with the court. SoloSettle helps you manage this process and ensures the case is formally closed.

Check out this video for tips from an attorney on settling your debt with LVNV Funding:

Know your rights while working with LVNV Funding

The Fair Debt Collection Practices Act (FDCPA) gives consumers meaningful protections when dealing with debt collectors. Knowing your rights helps you engage with confidence.

Your Right	What It Means
Right to Debt Validation	You can request written proof that LVNV Funding owns your debt and that the amount is accurate
Right to Dispute the Debt	You have 30 days after first contact to dispute the debt in writing
Right to Be Free from Harassment	Collectors cannot threaten, abuse, or use deceptive tactics
Right to Request No Contact	You can request in writing that LVNV Funding stop contacting you (note: this does not stop a lawsuit)
Right to Sue for Violations	If the FDCPA is violated, you may be entitled to damages

Ask LVNV Funding to validate your debt if you don't recognize it

If LVNV Funding contacts you before filing a lawsuit, you can send a debt validation letter asking them to prove:

That they own the debt
The amount owed is accurate
The statute of limitations has not expired

If they cannot validate the debt, they must stop collection efforts.

LVNV Funding Address and Other Contact Info

Physical Address	55 Beattie Pl, Greenville, SC 29601
Mailing Address	PO Box 10497, Greenville, SC 29603
Phone	(888) 665-0374
Website	lvnvfunding.com

Frequently Asked Questions about LVNV Funding

What does LVNV Funding collect for?

LVNV Funding purchases defaulted consumer debts — primarily credit cards, personal loans, and retail accounts — from the original lenders. It does not provide products or services directly; it acquires the right to collect existing debts.

Can I settle with LVNV Funding before going to court?

Yes. Settlement can happen at any stage — before a lawsuit, after filing your Answer, or even during the trial process. Many consumers successfully settle for less than the full balance owed, often without ever appearing in court.

Will LVNV Funding accept a low settlement offer?

LVNV Funding purchases accounts at a reduced price relative to face value, which means it often has flexibility to accept a settlement and still turn a profit. Starting with a lower offer and negotiating from there is a common and effective strategy.

What if I can't afford a lump sum payment?

LVNV Funding may accept a structured payment plan. When making your offer, propose monthly payment terms you can realistically maintain. SoloSettle can help you structure and communicate this offer.

What happens if the debt is past the statute of limitations?

Each state has a statute of limitations on how long a creditor can sue to collect a debt. If LVNV Funding files a lawsuit on a debt that is too old, you may be able to use that as a defense. Check your state's rules and include it as an affirmative defense in your Answer.

What is SoloSuit?

SoloSuit is a web platform that guides you step-by-step through the process of responding to a debt collection lawsuit. Once you answer a series of questions about your case, SoloSuit generates a completed Answer document and files it with the court for you. Plus, SoloSuit can connect you with an attorney to review your Answer before filing.

What is SoloSettle?

SoloSettle is SoloSuit's settlement negotiation tool. It lets you send, receive, and track settlement offers with debt collectors like LVNV Funding — entirely in writing, so you never have to negotiate over the phone. Once a settlement is reached, SoloSettle helps you formalize the agreement and get your case dismissed.

Key Takeaways

LVNV Funding is a legitimate debt buyer that purchases accounts from original creditors like banks and credit card companies.
If you're sued, do not ignore the lawsuit. File an Answer before your state's deadline.
Negotiate with LVNV Funding to settle your debt. Settlement is often possible for less than the full amount owed, especially when approached strategically.
Always get any settlement agreement in writing before making a payment.
You have rights under the FDCPA, including the right to request debt validation.
Solo can handle every step of the process — from filing your Answer to finalizing your settlement.

Dealing with a debt lawsuit is stressful, but you don't have to face it alone. SoloSuit has helped thousands of people respond to debt collection lawsuits and negotiate settlements — often in a matter of days.

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LVNV Funding Is Suing Me: 3 Steps to Resolve It