Sued by PYOD LLC? How to Settle Your Debt

George Simons | January 21, 2025

Fact-checked by Patrick Austin, J.D.

Patrick Austin
Attorney from George Mason
Patrick Austin, JD

Patrick Austin is a licensed attorney with a background in data privacy and information security law. Patrick received his law degree at George Mason University's Antonin Scalia Law School, where he served as the Editor-in-Chief for the National Security Law Journal.

George Simons
Co-Founder of SoloSuit
George Simons, JD/MBA

George Simons is the co-founder and CEO of SoloSuit. He has helped Americans protect over $1 billion from predatory debt lawsuits. George graduated from BYU Law school in 2020 with a JD-MBA. In his spare time, George likes to cook, because he likes to eat.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Summary: Summary: Is PYOD LLC suing you for an unpaid debt? Confused how they got involved in the case? Learn all you need to know about PYOD LLC and what steps you can take to resolve the debt issue.

So, you're being sued by PYOD LLC for an outstanding debt. The first thing you need to do is collect yourself and stay calm. Being sued for any reason is understandably a scary thing to go through.

However, you have some helpful resources on your side to ensure you get the best outcome possible, starting with us. Here at Solo, we want to be equipped with the best tools for fighting debt collection agencies.

If you follow these steps, you can significantly improve your chances of beating PYOD LLC in court. Let's first take a look at PYOD LLC to see what they're all about.

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Who Is PYOD LLC?

PYOD LLC is a legitimate debt collection company based in Las Vegas, Nevada. As a branch of the Sherman Financial Group, PYOD LLC buys defaulted debt at a discounted price and then attempts to collect on that debt for a sizable profit. Then, PYOD LLC uses Resurgent Capital Services, a third-party debt collector, to contact consumers on its behalf to collect debt.

It's worth mentioning that the debt PYOD LLC buys from other entities can include zombie debts. As such, PYOD could be trying to collect a debt that has long fallen off of your credit report but claims you still have to pay.

Who does PYOD collect for?

PYOD pursues delinquent accounts for various types of companies operating in different sectors of the economy.

Don't run from debt collectors. Use SoloSuit to respond in court and avoid a judgment.

These debt collection defenses can help if you get sued by PYOD LLC

Debt collection companies typically buy their debt in bulk. It's how they get such a big discount on it. While there are sizable savings for the debt collectors, it also means that there is usually less paperwork for each debt.

A lot less paperwork.

More often than not, debt collection agencies don't get the original bill with your signature on it. In a court of law, this document is an absolute must to prove to the judge that the debt belongs to you and is valid to be collected.

Now, most debt collection companies count on you not knowing this helpful piece of information and use intimidation to get you to acquiesce to their demands. In some cases, people have paid debts that didn't even belong to them by bending to the tactics of the debt collector.

This “business model” is far too common among debt collection agencies, so you must protect yourself and know your rights as a consumer. Many of these companies will break the law without you ever knowing it.

Fortunately, we're here to help. Even if PYOD LLC says you owe them money, don't just assume that you do. Now that you know the way debt collectors typically operate, you can proceed with caution.

Make the right defense the right way with Solo.

Request verification of the debt from PYOD LLC

All right, you've been contacted by PYOD LLC, and they claim you have to pay up. One of the most important things you can do is ask for verification of the debt in question. This means that you want to see the debt in writing.

Also, keep in mind that any information you give to PYOD LLC can and most likely will be used against you in court. As such, it's best to move forward by withholding as much information as you can. Don't give them your Social Security number, current or past addresses, favorite color – nothing.

Request verification and contact your attorney if you have one. If you don't, you should strongly consider speaking with one. Don't attempt to defend yourself from the debt collector. Leave that to an attorney.

Even if the debt is valid and PYOD LLC sends you a debt verification, any illegal collection tactics could jeopardize them getting awarded the case in court. As such, you could be in a position to counter-sue PYOD LLC. However, you will need to speak with an attorney who can represent you in court on such matters.

Assuming that PYOD plays by the rules and the debt does belong to you, an attorney might be able to reach a settlement for you where you don't have to pay the full amount.

Now, here's the rub. If PYOD is unable to show proof of the debt, which, if you remember, is the original bill with your signature on it, they can't legally collect payment from you. But you'll need to make sure that the judge sees this if you go to court.

Again, a qualified debt attorney can make sure this happens. If you're unable to afford an attorney and choose to represent yourself, you need to play your cards right in court. This means remaining calm and never admitting that the debt is yours.

PYOD LLC will likely produce every other kind of document. But if they don't have the original bill with your signature on it, they haven't got a chance. A common mistake people make is admitting that the debt is theirs after the debt collector produces a stream of paperwork.

What they don't know is that this paperwork has no bearing unless they play into the debt collector's hands and admit the debt is theirs. Never do this, stand your ground, remain resolute, and follow the advice we laid out. In doing so, you can look forward to being awarded the victory over PYOD LLC.

How to settle debt with PYOD LLC

If you received a Summons and Complaint from PYOD LLC, you still have the option to try and negotiate a debt settlement. It is important to proactively respond to the lawsuit so you have sufficient time to engage in productive settlement negotiations. Here are some recommended steps to try and settle a debt with PYOD LLC:

  1. File an Answer to PYOD’s debt collection lawsuit.
  2. Calculate how much you can actually afford to pay with the following formula: Amount available to settle = (monthly income – monthly costs) + savings)
  3. Make a reasonable settlement offer that is less than the maximum amount you are able to pay.
  4. Be ready to engage in multiple rounds of negotiating.
  5. When you reach a debt settlement agreement, get the terms in writing.

To learn more about these tips and others that may assist you on your journey to settle debt with PYOD LLC, watch the following interview with a consumer rights attorney, John Skiba, where he shares the best tips for negotiating debt settlement with collectors:

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