LVNV Funding is collecting auto loan debt in California where the statute of limitations is 4 years. Average auto loan debt: $23,792. Garnishment limit: 25% or amount exceeding 40x min wage.
4 years
Statute of Limitations
$23,792
Average Auto Loan Debt
25% or amount exceed
Garnishment Limit
Known LVNV Funding Violations
Collecting debt they cannot validate
Misrepresenting the amount owed
Re-aging accounts on credit reports
Dispute Strategies
Challenge deficiency balance after repossession
Verify the sale was commercially reasonable (UCC requirement)
Dispute if proper repossession notice wasn't given