Class Action Alleges Debtsy, Velocity Sent Misleading Debt Collection Letters
November 1, 2021 A proposed class action claims Debtsy, Inc. and Velocity Investments, LLC have failed to inform alleged debtors of how to properly dispute their debts.
Lawsuit Filings
Consumer Claims Frontline Asset Strategies, Velocity Investments Overshadowed Debt Dispute Rights
September 13, 2018 Frontline Asset Strategies and Velocity Investments are accused of violating debt collection law by improperly disclosing a consumer's rights within a letter.
Asset Recovery Solutions, Velocity Investments Sued Over Alleged Litigation Threats
May 3, 2018 Asset Recovery Solutions, LLC and Velocity Investments, LLC have been named as defendants in a proposed class action that accuses the debt collectors of unlawfully threatening a consumer with litigation.
CKS Financial, Velocity Investments Facing Debt Collection Class Action in Wisconsin
October 31, 2017 A lawsuit claims Webcollex (CKS Financial) and Velocity Investments violated federal debt collection laws in a notice mailed to a Wisconsin consumer.
Frontline Asset Strategies, Velocity Investments Sued for ‘False Threat’
July 14, 2017 A Pennsylvania consumer's class action claims Frontline Asset Strategies and Velocity Investments made unlawful threats in a collection notice.