Sued by Velocity Investments, LLC?

Velocity Investments, LLC can stop the purchase or sale of a home, freeze your bank account, or go after any other unprotected assets in Texas. We can help you settle or otherwise resolve your issues with Velocity Investments, LLC.

Put our knowledge and experience to work for you We work hard for you Texas Partial Release. You may not have to pay Velocity Investments, LLC. Bill of Review / Vacate of Judgment No Hourly Fees. Easy Payment Plans.

Why did Velocity Investments, LLC file a lawsuit against me?

Velocity Investments, LLC purchased a defaulted debt from an original creditor. Velocity Investments, LLC then files lawsuits against consumers in an attempt to collect the debt. They are counting on the fact that you will not respond or show up to court. If you do not then they may take a default judgment against you. In Texas, a judgment can be aggressively collected for ten (10) years and even longer if they keep renewing the judgment. This gives Velocity Investments, LLC a long time in which to come after you. Many consumers think that a judgment is just a worthless piece of paper and if they do not want or can’t pay then there is nothing the judgment creditor can do in Texas. They are wrong. Judgment creditors can garnish bank accounts taking all the hard earned money. They can file a motion for receivership which allows them to remove money at any time from the bank account. They can stop the sale or purchase of a home or auto. They can try to sell any unprotected assets you may have in Texas. In short, whether a consumer has the funds to settle or not, it can get more costly the longer the issue is avoided.

Options when being sued by Velocity Investments, LLC

If you have been sued then you need to answer the lawsuit. Participants in the system often have a better outcome than those that do nothing. Some of the options that you have are to:

Attempt to Negotiate a settlement with Velocity Investments, LLC before the answer is due. Many consumers recognize they may owe a debt and choose to attempt to settle the debt before an answer is due to the court. Velocity Investments, LLC is often receptive to a quick settlement rather than spending more time and money in a lawsuit. Even if they can provide some of the documentation to the court, there is always a chance they could lose.
Answer the Lawsuit filed by Velocity Investments, LLC. Even if a consumer thinks they owe a debt it is still up to Velocity Investments, LLC to prove that they own the debt, have the right to file suit, and have enough documentation to prove a debt is owed. They may not be able to successfully produce all required documentation when challenged.
Do nothing. Many people decide to do nothing for lack of funds or fear of what can happen. Velocity Investments, LLC may take a judgment against them and then ultimately have their bank accounts frozen (bank garnishment). Judgments in Texas are good for 10 years initially and they carry a minimum interest of 5%. The amount of an unresolved judgment can significantly increase over time.
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