Sued By Velocity Investments?
We Can Help!

Is Velocity Investments LLC suing me?

If you have been sued by or received a collections letter from Velocity Investments,  Kazerouni Law Group is here to help. We have helped tens of thousands of Californians with their debt issues, and want to meet with you, free of charge, to discuss your options.

If you've been served with a lawsuit from Velocity Investments, it is extremely important you do not default or ignore the summons.

The collector can have wages garnished, bank accounts levied, and liens filed against your car or home.

Do not let this happen to you.

Unrepresented defendants almost always lose. Don’t be one of those people. Call us for a free consultation. Our office's attorney will talk with you immediately or on the next business day. Whether you owe the debt or not, you may have legal defenses. It is Plaintiff’s job to prove that you owe the money, and sometimes they have a hard time doing so.

Even if you think that you owe the money, or do not want to go through the litigation process, we often have success negotiating favorable reductions and payment plans, and can usually do so before going to court.

We can negotiate the debt for 10% of the debt or $850.00, whichever is greater. If you would like us to assert legal defenses and fight the lawsuit in court, our fee is still very low. The most we charge to defend you is 10% of the debt or $850.00, whichever is greater, plus court filing fees.

We are happy to work out a payment arrangement with you. Further if the creditor has failed to follow the laws regarding debt collection, we may able to defend you at no cost to you or possibly recover damages for you. However, we can only help you if you contact us.

If you have been sued by Velocity Investments, please fill out our 1-minute evaluation form to the right, and one of our debt experts will get in touch with you to schedule your free consultation.

The Consultation is FREE...Ignoring a Lawsuit from Velocity Investments Is NOT

2022 Client Debt Forgiven

$
500000


Samantha McCloudGoogle Review Read More
If you are being sued by a debt collector or debt buyer, DO NOT try to navigate this on your own. Trust me, it can go terribly wrong, waste time and money, and cause an insurmountable amount of stress if not done properly. Luckily , I found Crosby and gave him a call right away. He was very professional, attentive, understanding, and responsive. After speaking with him I felt a great sense of relief. He immediately made some calls and got back with me within a couple of hours. He managed to negotiate a settlement for a fraction of what was listed, and it was settled quickly. Also, I might add that his fees are completely reasonable. Trust me, do yourself a favor and give him a call. The last thing you want is to get a default judgement against you, but if you do, give him a call anyway because he will be able to help you.


Aimee BirknerGoogle Review Read More
Guys - Crosby is freaking amazing! Seriously don't hesitate to hire this guy. He resolved my issue in record time (less than a week) and got me a waaaaaaaaay better deal than I ever expected. He's the real deal. I can't say enough good things about Crosby. Trust me, you should trust this guy. He's honest and an absolute pleasure to work with. You won't regret it. Aimee


Paul Van SomerenGoogle Review Read More
Crosby was responsive, efficient, knowledgeable and professional in my dealings with him. He was up front immediately and provided a road map as to what was ahead. He backed up his words with actions.
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Consumer Rights and Protections
Debt collectors like Velocity Investments must follow strict rules under the Fair Debt Collection Practices Act (FDCPA). This law bans abusive tactics, false claims, and harassment. It also gives consumers the power to demand debt validation, dispute inaccurate debts, and set limits on how and when collectors communicate.

Using these rights, consumers can force debt collectors to prove the debt is legitimate, correct mistakes on credit reports, and stop illegal collection efforts. These actions help prevent unnecessary payments and protect financial well-being.

Steps to Address Debt Collection

Dealing with debt collection from Velocity Investments requires a strategic approach.

Following these steps helps consumers protect their rights and avoid unnecessary payments:

1. Request Debt Validation: Send a written request for validation within 30 days of the initial contact. Velocity Investments must prove the debt is legitimate and provide details like the amount owed and the original creditor.
2. Review the Validation Letter: Carefully review the information provided. Look for errors in the debt amount, account details, or the identity of the original creditor. If anything seems inaccurate, you have the right to dispute it.
3. Dispute Errors: If you spot inaccuracies, send a formal dispute letter to Velocity. Clearly state the errors and include supporting documents. Debt collection must pause until the company resolves the dispute.
4. Monitor Your Credit Report: Check if Velocity reported the debt to credit bureaus. If the information is incorrect, you can dispute it directly with the credit bureaus to have it removed or corrected.
5. Negotiate a Settlement: If the debt is valid, consider negotiating a lower payment amount or a pay-for-delete agreement. Get any settlement agreement in writing before making a payment.
6. Avoid Verbal Agreements: Always communicate in writing to create a paper trail. Verbal promises are difficult to prove, especially if a dispute arises.
7. Consider Legal Assistance: If the company refuses to validate the debt or engages in unlawful practices, consult a consumer rights attorney or file a complaint with the Consumer Financial Protection Bureau (CFPB).

These steps help consumers maintain control, avoid unnecessary payments, and protect their financial well-being.

Avoiding Default Judgments in a Debt Collection Lawsuit

If a debt collection agency sues you, you must act quickly. Ignoring the lawsuit may result in a default judgment, allowing them to collect the debt through wage garnishment, bank garnishment, or seizing other funds.

Here’s how to protect your rights and avoid a default judgment:

1. Respond to the Lawsuit Right Away
   When a creditor serves you with a lawsuit, check the response deadline. Courts have strict deadlines, and missing one allows the company to win an easy default judgment. File a formal response, called an "answer," with the court. This response tells the court you are fighting the case and may include defenses like debt errors or issues with the original contract.
2. Challenge the Debt's Legitimacy
   Velocity buys charged-off debt from credit card companies and other creditors. These debts are sometimes outdated, incorrect, or already paid. Debt buyers like must prove the debt is valid. Ask for debt validation in writing. If they fail to provide proof, the court may dismiss the case. This step is critical for protecting your rights under the Fair Debt Collection Practices Act (FDCPA).
3. Dispute Incorrect Debt Claims
   If the debt doesn’t belong to you, dispute it with the court and credit bureaus. Sometimes, they buy accounts with errors, like wrong names or amounts. If the debt is linked to identity theft, notify the credit bureaus and file a dispute. Disputing the debt stops collection efforts and forces them to provide proof. You can also challenge false claims using your rights under the Fair Credit Reporting Act (FCRA).
4. File a Motion to Dismiss the Case
   If Velocity cannot prove its claim, you may file a motion to dismiss. This motion asks the court to end the case before it moves forward. Possible defenses include expired debt, proof of mistaken identity, or the debt buyer’s failure to provide proper evidence. If the judge approves the motion, the case is dismissed, and you owe nothing.
5. Negotiate a Payment Plan or Settlement
   If the debt is valid and you want to avoid court, ask Velocity for a settlement or payment plan. Debt collection companies sometimes agree to reduce the amount owed if you agree to pay it all at once. This is called a “lump-sum settlement.” You can also request a manageable payment plan. Always get the agreement in writing and request that Velocity update your credit report to reflect the payment.
6. Hire an Experienced Debt Defense Lawyer
   An experienced debt defense lawyer can help you challenge the debt, negotiate a favorable settlement, or file motions to dismiss the case. A lawyer knows how to handle debt collection lawsuits, protect your wages from garnishment, and stop bank garnishment. While legal fees are a cost, they can save you from bigger financial loss. Many law firms offer a free consultation, so you can understand your options before hiring an attorney.
7. Track Court Deadlines and Filings
   Keep track of all court deadlines and notices. If you fail to respond or miss a hearing, the court may issue a default judgment. Write down all deadlines and make sure to file your answer on time. If you’re unsure, ask a lawyer for help.
8. Know the Consequences of a Default Judgment
   If you lose the case by default, Velocity can pursue recovery of the debt through legal actions like wage garnishment, bank garnishment, and collection of funds from your bank accounts. This judgment may also appear on your credit report, damaging your credit score. Default judgments allow them to add legal fees, attorney's fees, and court costs to the debt. Once a judgment is in place, the debt is harder to challenge.

Acting quickly, you can avoid the consequences of a default judgment. Respond to court notices, dispute errors, and seek help from a debt defense lawyer if needed. Fighting back stops wage garnishment, protects your bank accounts, and prevents collection efforts that hurt your financial stability.