Galaxy International Purchasing LLC


Are you facing a lawsuit from Galaxy International Purchasing LLC? you’re not alone. Our firm, Debt Relief Law Center, can help. We have experience assisting individuals and businesses with debt relief solutions customized to their situation. We understand the complexities of Galaxy International Purchasing LLC’s policies and we are dedicated to making sure you get a better outcome from your case. Contact us today to find out how we can assist you with your case. Together, we will work to ensure that you achieve a satisfactory resolution for all parties involved.

Short summary

  • Understand Galaxy International Purchasing LLC’s debt collection process and legal actions.
  • Consider bankruptcy as a last resort after careful evaluation of its pros & cons.

Understanding Galaxy International Purchasing LLC

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Galaxy International Purchasing LLC, a subsidiary of Galaxy Capital Acquisitions, is a debt buyer and collection agency that purchases charged-off debt portfolios from creditors, often leading to garnishing bank accounts of debtors. GIP files lawsuits against many consumers to collect the debt they purchased from the original creditor, potentially becoming a judgment creditor if they win the case. In the process of managing these cases, GIP maintains an international purchasing llc file for each debtor. GIP’s business model is known as junk debt collection, which involves filing numerous lawsuits and trying to collect as many debts as possible with minimal expenditures. This can result in just a worthless piece of paper if the debtor cannot pay.

GIP’s headquarters are located in Las Vegas, and they are known for aggressively collecting debts. They may work with a law firm to initiate legal action against individuals who have delinquent credit card or loan accounts. If GIP gets a judgment against you, they may garnish your bank accounts, freeze your unprotected assets, or even halt the purchase or sale of your home in Texas.

It’s crucial to understand their debt collection process and the legal actions they may pursue to protect yourself and your assets.

Debt collection process

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GIP’s debt collection process includes pursuing legal action to recover the debt, which can have severe consequences for consumers. They may charge interest rates based on the state minimum interest rate, and if they obtain a judgment against you, your bank accounts may be frozen. This can lead some people to seek bankruptcy protection to avoid further financial harm.

To protect yourself from the negative impacts of GIP’s debt collection process, it’s essential to respond to a Debt Validation Letter promptly and effectively if you receive one. By providing relevant information that proves the debt is not yours or the amount is incorrect, you can avoid bankruptcy protection and be denied loans in the future.

Legal actions

GIP may pursue legal action by initiating a civil lawsuit filed against the party they believe has wronged them. This process may include filing a complaint and conducting discovery to obtain evidence. Additionally, they may contemplate initiating a class action lawsuit if multiple individuals have similar legal claims. Should you receive a lawsuit from GIP, it is imperative that you take immediate action to protect your rights.

The most effective way to resolve a debt with GIP is to enter into a settlement agreement. This agreement should be enough documentation in writing and should clearly outline the details of the settlement, including the amount to be paid and the timeline for payment. Working with a debt defense attorney at our firm can provide you with a comprehensive understanding of your legal rights and obligations, as well as the legal process, and assist you in negotiating a settlement with GIP and represent you in court if necessary. We can help you every step of the way.

Protecting your rights against Galaxy International Purchasing LLC

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As a consumer, you have rights under the Fair Debt Collection Practices Act (FDCPA) to protect you from scams and mistreatment by debt collectors like GIP. It’s crucial to be aware of your rights and the actions you can take if you experience unfair debt collection practices by GIP. Consumers may be eligible for compensation if they experience unfair debt collection practices by GIP.

If you are being sued by GIP, it is recommended to contact a debt defense attorney immediately. Not appearing in court and disregarding the issue will only exacerbate the situation, leading to a default judgment being issued against you.

By recognizing FDCPA violations and reporting them, you can protect yourself and your assets from GIP’s aggressive debt collection tactics. In the following sections, we’ll discuss how to recognize FDCPA violations and report them, as well as how to respond to a lawsuit from GIP to protect your rights.

Recognizing FDCPA violations

To protect yourself from potential scams and mistreatment by debt collectors like GIP, it’s crucial to recognize FDCPA violations. Some examples of FDCPA violations include calling debtors at unreasonable hours, making false statements about the debt, and disclosing the debt to third parties.

By being aware of these violations, consumers recognize they can take action to protect their rights and hold debt collectors accountable for their actions.

Reporting violations

If you believe GIP has violated the FDCPA, it’s essential to report these violations to protect your rights and potentially receive compensation. To report FDCPA violations, you may file a complaint with the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and your state’s attorney general.

By reporting violations, you help hold debt collectors like GIP accountable for their actions and protect other consumers from similar mistreatment.

Responding to a lawsuit from Galaxy International Purchasing LLC

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If you have been served with a lawsuit by GIP, it’s crucial to respond promptly and effectively to protect your rights. This includes preparing an answer to the lawsuit, filing and serving the answer, and responding to any other requests from the court. Submitting an answer in court is essential to prevent GIP from obtaining a default judgment against you. Our experienced legal team can help you prepare and submit an answer to GIP’s lawsuit.

We understand that this process can be time-consuming and intimidating, so we take care of the response for you while keeping you informed at every step.

Settling your debt with Galaxy International Purchasing LLC

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Even with an active lawsuit from GIP, it’s possible to settle your debt and avoid a default judgment. Negotiating a settlement agreement can help you regain control of your finances and resolve the lawsuit amicably.

In the following sections, we’ll discuss the process of negotiating a settlement with GIP and understanding the settlement agreement, so you can confidently move forward and settle your debt.

Negotiating a Settlement

Successfully produce negotiating a settlement with GIP requires respectful and courteous communication while also being prepared to justify the requested amount. Decide on the total amount you are willing to pay and make an initial offer. Additionally, it’s crucial to ensure that the agreement is documented in writing to protect your rights and prevent future disputes.

An unresolved judgment can cause significant financial distress, including having bank accounts frozen and the possibility to garnish bank accounts, making it difficult to start purchasing homes. By reaching a quick settlement with GIP, you can avoid these consequences and protect yourself from judgment creditors, moving forward with a fresh financial start.

Understanding the Settlement Agreement

A settlement agreement is a legally binding contract that outlines the resolution of a dispute. It typically includes a legal purpose, an offer, acceptance of the terms, valid consideration on both sides, mutual assent, waiver of unknown claims, resignation, and a confidentiality clause. Understanding the components of a settlement agreement is crucial to ensure that both parties are protected and the agreement is enforceable.

Payment terms of between one week and one month are generally accepted. A confidentiality clause in the settlement agreement is essential to ensure the terms of the agreement remain confidential and are not shared with any external parties.

By understanding the settlement agreement, you can confidently negotiate with GIP and resolve your debt.

Bankruptcy as a last resort

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Bankruptcy is a last resort option for those facing overwhelming debt. Although it may provide relief and a fresh financial start, it’s essential to weigh the pros and cons of bankruptcy before making any decisions, especially considering the impact on one’s bank account.

Understanding the bankruptcy process and deciding if it’s right for you can help you avoid potential pitfalls and ensure you make the best decision for your financial future.

Understanding bankruptcy

Bankruptcy is a legal process that allows individuals and businesses to discharge or repay some or all of their debts under the protection of the bankruptcy court. There are two primary types of bankruptcy: Chapter 7 and Chapter 13. Chapter 7 is a liquidation bankruptcy, where the debtor’s assets are sold to satisfy creditors. Chapter 13 is a reorganization bankruptcy, allowing the debtor to retain their assets and repay creditors through a structured payment plan.

The procedure for filing for bankruptcy includes submitting a petition to the court, participating in a meeting of creditors, and completing a credit counseling course. When clients file bankruptcy, it can have significant repercussions, including a decrease in credit report score, difficulty in securing certain types of loans, and potential legal action taken by creditors.

Deciding if bankruptcy is right for you

Deciding if bankruptcy is right for you requires careful consideration of the advantages and disadvantages. The benefits of bankruptcy include the ability to discharge certain debts, cease creditor harassment, and protect assets. The drawbacks include the potential to harm your credit score, forfeit certain assets, and face difficulty obtaining credit in the future.

If you’re contemplating bankruptcy, it’s highly recommended to consult with a certified attorney or financial advisor before making a decision. They can help you weigh the pros and cons and determine if bankruptcy is the right option for your specific situation.


In conclusion, dealing with a lawsuit from Galaxy International Purchasing LLC can be a challenging experience, but with the right information and resources, you can protect your rights and regain control of your financial future. By understanding GIP’s debt collection process, recognizing and reporting FDCPA violations, and working with a debt defense attorney at our firm, you can fight back against the lawsuit and protect your assets. Don’t let GIP take advantage of your financial situation – contact our firm to learn more about how we can help you today!

Frequently asked questions

What is the Galaxy International Purchase LLC?

Galaxy International Purchasing, LLC is a debt buyer which purchases outstanding debts from creditors for pennies on the dollar and then attempts to collect the full amount through lawsuits filed against consumers.

They are a licensed debt collection agency located in Las Vegas, Nevada and have been operating for over 14 years.

What legal actions can Galaxy International Purchasing LLC pursue?

Galaxy International Purchasing LLC can pursue legal action by filing a civil lawsuit. They may also consider a class action suit if the circumstances involve multiple parties with similar claims.

Additionally, they should investigate all applicable laws related to the case.

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