Don't hit the factory reset in the Privacy Menu
Inside your phone is a factory reset. This will instantly make your rooted phone a brick. If you need to clear out yoru personal data, boot into recovery and do the factory reset/wipe there. See below if you have done this.
I hit the factory reset in the Privacy Menu, now what
This is not an easy one to fix. Read any threads you find to completion, as many start down this road and only make things worse.
[Only registered and activated users can see links. Click Here To Register...] or
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Good Practices
Never install a rom and recovery in the same step. If you install a rom, and it fails, you can still fix it with recovery. If you install a recovery and it fails, you can fix it from inside the rom. Each acts as a fail safe. If one of them is down, don't mess with the other until you get the broken one fixed. Do this and you will never brick your Optimus V.
How to fix 99% of your problems [Only registered and activated users can see links. Click Here To Register...] thread tells all. - By LeslieAnn