Are You Being Called By Galaxy Asset Purchasing?

Many people today face the difficult choice of paying their rent or paying a debt collector who calls them every day and shouts at them. The first thing that you need to know is that legally, you don’t have to make this choice. The abusive collection agencies rely on you being too frightened and intimidated to seek the legal help you are entitled to.

Your Rights Under the FDCPA

The Fair Debt Collection Practices Act, or FDCPA, requires collection agencies to treat you with respect, but it doesn’t always happen. Tactics like those below are common but illegal, and if you report them, they can be fined or shut down.

● Calling at inconvenient times
● Pretending to be lawyers, police officers, or federal agents
● Telling your friends that you owe a debt
● Using profane or obscene language
● Contacting you after you have refused to pay
● Calling you at work when they know that your employer prohibits such calls

Company Profile: Galaxy Asset Purchasing

If you are being called by Galaxy Asset Purchasing, here are some additional company details.

Galaxy Asset Purchasing, which also does business as Worldwide Asset Purchasing II, LLC, is a debt buyer and collection agency in Las Vegas, Nevada. It was founded in 2006, has an estimated 20 employees, and is managed by Scott Lowry. A review of the court records at the PACER website confirms that those who felt that they were being harassed by Galaxy Asset Purchasing did not cave in and pay.

Alleged Violations against Galaxy Asset Purchasing*

According to PACER, on or around July 23, 2012, a representative of Galaxy Asset Purchasing sent a collection letter to an Indiana consumer. An investigation allegedly revealed that neither the company nor the attorney it engaged were authorized to collect debts or practice in Indiana.

Feeling harassed by Galaxy Asset Purchasing, the consumer sued the company for:

● Misrepresenting the character, amount, or legal status of a debt
● Trying to collect a debt in a state where they lacked the authority to do so

The matter was later resolved.

Hire a Consumer Lawyer

The phone number for Galaxy Asset Purchasing is 1-800-305-9811. Seeing it on your caller ID means that Galaxy Asset Purchasing is trying to make contact with you. If they send demand letters but are not authorized to collect debts in your state, hire a consumer lawyer and file a claim against Galaxy Asset Purchasing. You could receive $1,000 per FDCPA violation in addition to legal costs. When a collection agency bullies you, the law gives you the standing to make them stop.

*Case taken from PACER (www.pacer.gov). File number is Case 3:12-cv-00563-PPS-CAN from the United States District Court for the Southern District of Indiana, South Bend Division.

Additional Resources

• F-G Debt Collection Agencies
• Dispute Letter By Collection Agency

Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Galaxy Asset Purchasing or any other third-party collection agency, you may not be entitled to any compensation.