We know Persolve, LLC. We also know its subsidiary entities Absolute Resolutions Corp. and Kling Portfolio Services. If you have been sued or harassed by Persolve, LLC, or, if they already have a judgment against you, we can help.
We know Persolve from having opposed them since 2007. This experience has enabled us to obtain favorable results for our clients, either by quick settlement or by litigation, depending on their needs. If you'd like a FREE consultation to discuss your case you can call toll free, or submit your information in the form on the right and we will contact you promptly. You can reach us at:
Our discussion will be absolutely confidential and you will be under no obligation.
Here's more about Persolve:
Persolve LLC is a debt buyer located in Chatsworth, CA which purchases defaulted credit card debt to collect for its own account. In a given case, Persolve may be a first-in-line debt buyer, meaning it has purchased the debt directly from the credit card issuing bank (original creditor), or, it may be a second or third debt buyer, purchasing previously sold accounts from other debt buyers. Persolve frequently purchases debt from debt buyer Riverwalk Holdings.
To prevail in court, Persolve must prove every link in the "chain of title". More specifically, Persolve must establish with admissible evidence that every prior owner held valid title to the debt when it sold the debt to the next "buyer" in the chain. By law, this requires testimony from each prior owner of the debt. I've never seen this happen. Think of it this way: What's the likelihood that a company - especially a bank - dedicated solely to making money, will send an employee to a trial in California, to testify in a case in which the company has no financial interest whatsoever? Thus, the more links in the chain, the more difficult it is for Persolve to prove its case. As a result, when faced with a defense attorney who has experience trying collection cases, Persolve will settle favorably as trial approaches or dismiss the case and go away.
Why should you settle at all, if Persolve can't prove its case? Good question. Settlement eliminates risk. And there is always risk. There is an old saying: "Even the best case has a 50-50 chance of losing". In credit card collection cases, the major risk is that you draw a "creditor's judge". There are plenty of these judges around. Get a good judge you can win, get a bad one....forget about it.
Persolve has an in-house legal department which handles all its collection lawsuits. They are extremely busy and have been generally amenable to settling on favorable terms for my clients as trial approaches
To discuss how we can help you against Persolve, call us at
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