Resurgent Capital Services LP

Corporate structure

Who owns Resurgent Capital Services LP?

Resurgent Capital Services LP is owned by or affiliated with Sherman Financial Group LLC.

Common original creditors whose accounts Resurgent Capital Services LP has purchased include: Citibank, HSBC, Capital One, GE Capital, Household Finance, World Financial Network Bank, First Bank of Delaware.

Regulatory history

CFPB and regulatory enforcement

Your next steps

What to do if Resurgent Capital Services LP is suing you

1. 1
   Find your deadline immediatelyYou have a limited number of days to file your Answer after being served — typically 20 to 35 days depending on your state. Missing this deadline results in a default judgment. Check your state’s guide for the exact deadline.
2. 2
   Demand proof of ownershipResurgent Capital Services LP must prove a valid, unbroken chain of assignment from your original creditor. In your Answer, raise lack of standing and require the plaintiff to produce the bill of sale and account-level documentation.
3. 3
   Check the statute of limitationsDebt buyers sometimes sue on old accounts. If the limitations period in your state has run since your last payment or the charge-off date, you may have a complete defense. Look up the state guide for your jurisdiction.
4. 4
   File your Answer — even if you plan to settleFiling a timely Answer preserves all your defenses and gives you leverage to negotiate a better settlement. Do not ignore the lawsuit expecting it to go away. See your state’s defense guide.

Frequently asked questions

Common questions about Resurgent Capital Services LP

• Who is Resurgent Capital Services LP?

  Resurgent Capital Services LP is the servicer and collection manager for LVNV Funding LLC. Both are part of Sherman Financial Group LLC. Resurgent manages collection operations — including engaging attorneys — while LVNV Funding holds the debt and is typically named as the plaintiff in lawsuits.

• Why is Resurgent contacting or suing me if LVNV Funding owns the debt?

  Resurgent acts as the operational arm of LVNV Funding. Collection letters and calls may come from Resurgent, while lawsuits are usually filed in LVNV's name. Both entities are part of the same corporate family under Sherman Financial Group.

• What was the 2022 CFPB consent order against Resurgent?

  In 2022, the CFPB found that Resurgent Capital Services LP violated the FDCPA and the Consumer Financial Protection Act by collecting on debts that consumers had disputed by submitting Identity Theft Reports and by engaging in unfair billing practices. Resurgent paid a $1 million civil money penalty and was required to provide consumer redress.

• What are my rights if Resurgent is trying to collect from me?

  You have the right to dispute the debt in writing, request verification, and — if you have submitted an Identity Theft Report — have collection stopped on that account under the FTC Act and FDCPA. If you are sued, you have the right to respond and raise defenses including lack of standing and statute of limitations.

• Can I use the CFPB consent order in my defense?

  The consent order establishes that Resurgent violated consumer protection laws. While it does not automatically win your case, it supports defenses under the FDCPA and may be relevant if Resurgent's conduct in your case mirrors the practices cited in the order.

• What should I do if Resurgent or LVNV is suing me?

  File a timely Answer before your state's deadline. Deny the material allegations and raise affirmative defenses, including lack of standing, statute of limitations, and any FDCPA violations you can document. Do not ignore the lawsuit — a default judgment allows wage garnishment.

State defense guides

Sued by Resurgent Capital Services LP? Find your state