Velocity Investments Phone Harassment❓
Is Velocity Investments (VI) calling you? Stop Velocity Investments phone harassment. Do they threaten to take legal action or garnish your wages? Are they calling you at all hours or several times a day? Are they telling your family and neighbors that you owe a debt? If so what they are doing is illegal and needs to stop. You have the legal right to stop VI phone harassment. If a collection agency violates the FDCPA, you may be eligible to receive up to $1000.00 in statutory damages, along with covering your attorney fees.
It is crucial to respond promptly to a debt collection notice from Velocity Investments LLC. You should consider sending a Debt Validation Letter and seeking legal advice to protect your rights and avoid potential consequences.
Is Velocity Investments a Scam❓
According to the Better Business Bureau website, Velocity Investments has been in business for 16 years. There have been 8 complaints filed against VI with the BBB.
Who is Velocity Investments Debt Collector❓
Velocity Investments, a third-party debt collector based in Wall Township, New Jersey, has been involved in over 540 federal court cases. They have faced accusations of violating consumer rights, employing illegal and harassing communication tactics, including Velocity Investments Phone Harassment, to coerce payvelocity investments lawsuit ments from consumers.
Velocity Investments LLC is a debt buyer, purchasing delinquent debts from original creditors at a reduced price and then attempting to collect the owed amounts.
🏛️ Velocity Investments Address: 1800 State Route 34 Ste 404A Wall Township, NJ 07719-9147
☎️ Phone: (732) 556-9090
Types of Debts They Collect
Velocity debt collector is a versatile debt collection company that handles a wide range of debts. They collect personal loans, credit card debts, medical bills, and utility bills. Additionally, they manage debts from original creditors, third-party debt buyers, and debts they purchase themselves. Their primary focus is on managing accounts receivables and resolving outstanding debts across various sectors. Whether it’s a debt from a credit card company or a medical bill, Velocity Investments LLC aims to collect debts efficiently and effectively.
Velocity Investments Debt Collection Process
If Velocity debt collector engages in any of the following tactics, you may have a case of Velocity Investments phone harassment:
- ▶️ Using profanity or abusive language
- ▶️ Calling you before 8:00 a.m. or after 9:00 p.m.
- ▶️ Calling you multiple times per week
- ▶️ Talking to others about your debt
- ▶️ Calling your workplace
- ▶️ Threatening to sue you, harm you, or destroy your credit
- ▶️ Telling you or anyone else that you’ve committed a crime
- ▶️ Calling repeatedly for the wrong person
- ▶️ Failing to notify you of your right to dispute the debt
- ▶️ Trying to collect more than legally allowed
These aggressive harassment of velocity debt collection agency efforts can be overwhelming, and it is crucial to understand your rights to manage interactions with debt collectors effectively.
Velocity Investments Phone Numbers
Are you receiving any harassing phone calls from any of the following numbers?
- 📞 732-556-9090
- 📞 732-556-0365
- 📞 (732) 556-9090
- 📞 (732) 556-0365
- 📞 7325569090
- 📞 7325560365
If the answer is yes, then you are receiving calls from a known VI number. You may be a victim of Velocity collection agency phone harassment. The list above is not all the numbers that VI uses. The calls can be from a different number and it still be Velocity Investments calling you. Contact our office right away so we can start the process to stop VI from calling you illegally. Above all, no one should live with harassment!
The following is a sample list of complaints filed against Velocity Investments in the past and can be found on Pacer.gov.
- 📋 1:10-cv-01798-PAG Edwards v.
- 📋 1:11-cv-00150-CW Lauer et al v.
- 📋 2:17-cv-01897-MHH Wood v.
- 📋 2:18-cv-00121-MHH Stantis v.
- 📋 3:18-cv-00010-DPM Watkins et al v.
Fair Debt Collection Practices
Velocity Investments LLC is bound by the Fair Debt Collection Practices Act (FDCPA), a federal law designed to protect consumers from abusive and deceptive practices by debt collectors. Under the FDCPA, debt collectors are prohibited from using profanity, making threats, or contacting consumers at inconvenient times. Velocity Investments Phone Harassment, like other forms of abusive behavior, is also prohibited. They must also avoid making false or misleading statements. Importantly, Velocity Investments LLC is required to provide a debt validation letter, which includes details about the debt, the creditor, and the consumer’s rights. This ensures that consumers are fully informed and can exercise their rights under the law.
Understanding Your Rights
When dealing with debt collectors like Velocity Investments LLC, it’s crucial to understand your rights. You have the right to request debt validation, dispute the debt, and negotiate a settlement. Velocity debt collector phone harassment is a serious issue, and debt collectors must treat you fairly and respectfully, adhering to the guidelines set forth by the FDCPA. If you believe your rights have been violated, you can file a complaint with the or the Better Business Bureau. Knowing your rights empowers you to take control of the situation and protect yourself from unfair practices.
Filing Complaints
If you are facing Velocity Investments phone harassment, you can file a complaint with the (CFPB) or the Better Business Bureau (BBB). The CFPB is a federal agency that oversees consumer financial products and services, including debt collection. The BBB is a non-profit organization that provides information about businesses and helps resolve consumer-business disputes. Filing a complaint can help address your issue and also assist others who might be facing similar problems. It’s a step towards ensuring fair treatment and accountability.
Dealing with Velocity Investments Lawsuits
If Velocity Investments LLC files a lawsuit against you, it’s essential to act promptly to protect your rights. Start by responding to the lawsuit with a written answer. Consider hiring a lawyer who specializes in consumer law to guide you through the legal process. Additionally, you might get Velocity Investments settlement offer, which could involve making a lump sum payment or setting up a payment plan. Taking these steps can help you manage the situation effectively and minimize potential legal repercussions.
About Us
Consumer Rights Law Firm PLLC is a law firm that specializes in helping clients who are facing Velocity debt collectors phone harassment from debt collectors in any form, including telephone communication. Rather than suffer alone, contact our office to begin the process to stop the Velocity debt collection harassment. Our office has been assisting consumers since 2010. We have an A+ rating with the Better Business Bureau.
If you are interested in learning more about how to safeguard yourself and prevent Velocity Investments phone harassment. call us at 855-385-8182 for immediate assistance or visit our website.
Success Stories
- 🏆 “Matthew helped me end phone calls I was receiving that were threatening a lawsuit (scam business) and harassing me, a clear case of Velocity Investments Phone Harassment. He did this with his own time, as I was being scammed and it was not a bad debt. Thank you so much Matt!”
- 🏆 “Thank you to Consumer Rights Law Firm Protection ( Matt). Amazing company. He gave me a lot of relief about a fraudulent company.”
- 🏆 “Spoke with Matthew, explained my situation, he immediately started asking questions, and called the company, calling me, and figured out it was a scam. He was so helpful and my nerves are at ease now. Thank You Matthew!!!!!!!!!”
FAQs
What is Velocity debt colleactors and why are they calling me?
Velocity Investments is a debt collection firm contacting individuals about overdue accounts. If you’re getting their calls, they believe you owe money on a debt they manage.
Are Velocity Investments calls legal or considered harassment?
While debt collectors can call, they must follow laws like the FDCPA. Repeated, threatening, or abusive calls may count as illegal harassment.
Can Velocity Investments contact me multiple times a day?
No. Under the FDCPA, debt collectors cannot repeatedly contact you if it becomes harassing or abusive. You can demand they stop.
How do I verify the debt with Velocity Investments?
You have the right to request written debt validation within 30 days of their first call. They must provide proof of the amount, original creditor, and your rights.
What if Velocity Investments is calling me for someone else?
Inform them immediately. They must stop calls to the wrong person once notified. If they persist, it could be a violation of your rights.
Can Velocity Investments leave voicemail messages?
Yes, but only minimal information like their name, a callback number, and that they’re a debt collector. Providing account details in voicemail may breach privacy laws.
How can I make Velocity Investments stop contacting me?
Send a written cease-and-desist letter. Once they receive it, they can only contact to confirm receipt or inform you of legal actions.
Can I sue Velocity Investments for illegal phone calls?
Yes. If they violate laws like the FDCPA or TCPA, you can file a lawsuit and potentially recover damages for harassment.
Should I report Velocity Investments to the CFPB or FTC?
Absolutely. If they continue unfair or harassing calls after you’ve asked them to stop, report them to agencies like the CFPB, FTC, and your state attorney general.
Can Velocity Investments garnish my wages?
Yes, VI can garnish your wages on a Federal Student loan or if they obtain a judgment from the courts.
Can VI sue me?
Yes, VI can sue you so long as the debt is within the statute of limitations.
Can VI report my debt to the collection bureaus?
Yes, Debt collectors are allowed to place the collection account on your credit report. It is important to review your credit report for errors and understand your rights under the Fair Credit Reporting Act (FCRA) to dispute inaccuracies in credit reporting.
Can VI arrest me?
Debt collectors don’t have the authority to have you arrested for a debt. However, if you violate a court order, e.g. an order to appear in court, the judge can issue a warrant for your arrest. Depending on the laws in your state, you may be arrested for certain debts like unpaid child support or traffic tickets.
Who does Velocity Investments, LLC collect for?
Velocity Investments collects debts it buys from banks, lenders, and credit card companies. If they pressure you, know your rights on how to handle debt collectors.
How can I defend a Velocity Investments lawsuit?
Respond quickly with a court Answer and demand proof of the debt. Learn what to do next once you were served a summons for a debt.
My loan was sold to Velocity Investments. What do I do?
Request debt validation in writing and dispute errors. You can take legal action against them for selling your debt. Be careful—talking to a debt collector can restart the statute of limitations in some states.
