We Know Persolve, LLC

If you have been sued or harassed by Persolve, LLC, we can help.

We know Persolve well. We know their attorneys, and their tactics. As a result we can get a favorable outcome for you.  To learn how, call us now for a free consultation; or, submit your contact information to the right, and we will contact you promptly.

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 secondary 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 to 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. Why 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 judge who disregards the law…totally. That is – the outcome is a foregone conclusion. 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. The “department” consisted of two attorneys, one of whom has recently left the company. Its legal staff is overloaded with cases and understaffed. Persolve simply cannot try all its cases, so it focuses on getting default judgments and trying cases against consumers who represent themselves.

To learn how we can help you against Persolve, LLC call us toll free at (877)551-0210 for a free consultation, or you can provide your contact information to the right and we will contact you.

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2 Responses to We Know Persolve, LLC

  1. mary says:

    going to chatsworth court at 8am fri 8/23/13 -against persolve,llc – not sure what to do representing myself -

    • William Rose says:

      Hello Mary
      Just saw your response. WHat happened at court on Friday.
      Why don’t you give me a call ad we can discuss your options.
      You can reach me at 310-458-1600

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