Resurgent/LVNV/Maryland

[AshCas]

I'm sure this has been asked somewhere before - but is LVNV required to hold a separate license to collect from Resurgent?  I always thought that if Resurgent was licensed, then LVNV could collect under their license, since Resurgent is the parent company.

After reading about the case in Maryland where a judge suspended the license of BOTH LVNV and Resurgent, I'm unsure...

[rckstrscott]

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@AshCas wrote:

I'm sure this has been asked somewhere before - but is LVNV required to hold a separate license to collect from Resurgent?  I always thought that if Resurgent was licensed, then LVNV could collect under their license, since Resurgent is the parent company.

After reading about the case in Maryland where a judge suspended the license of BOTH LVNV and Resurgent, I'm unsure...

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Resurgent is not a parent company for LVNV.

Sherman Financial is the parent company for LVNV and Resurgent.

I don't know the anwser, but they are more like sister companies and not parent/child.

[RobertEG]

 Have you contacted your state licensing agency to determine if they are licensed/bonded in your jurisdiction, and whether licensing/bonding is required under your state debt collection code?

They would be the authoritative source for such information.