Orchard Bank owned the Mastercard Debt. I fell behind and this debt went into collections. Before it was sold to Arrow Finance I paid the Debt in Full and Capital One the record holder of this debt validates this debt was PAID IN FULL, was a charge off and closed 0n 7/24/2008 and Paid 10/22/2008 with a Zero Balance.
In September 2011 I asked HSBC to Validate this Debt and I obtained no response from them but I then noted that LVNV rpeorted this as a active debt on my credit report. Thus, they rose the dead debt. They since have updated this debt as active, in collection, and a current debt.
I continue to ask them to Validate the Debt and show me ownership and they continue to report it as active and updated it as 30-60-90-and numerous 120 day old accounts plumeting my credit score.
I asked them to validate the debt and they want me to send documents to them to validate this debt is paid. This is like handing a criminal a gun to shoot you.
I am tired of the game they are playing. Anyone with a Debt with LVNV can call 866-464-1183 and dispute the debt. In fact, I call them everyday for a update. THey make me go through the five minute questions and answers and I have all the time in the world from 8 am to 12 noon. I go through the entire story and wont let them speak after they go through their speal. I also have opened a Fair Debt Collection Complaint with the Federal Trade Commission, reported them for collecting a Debt in Texas as they are not an registered Debt Collector in Texas, and reported their deceptive practices to the Attorney General.
I have not gotten a validation of this debt transfer from LVNV and I doubt one exists. They have a name on a spreadsheet with numbers. They report different information to the three credit reporting agencies and the numbers do not match nor the dates of the debt.