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“Global Collection Agency is trying to collect a Velocity Investments, LLC debt that was last paid on in 2007. Can they do this?”

Can Global Collection Agency collect on a Velocity Investments debt that was last paid in 2007?Ultimately, this boils down to a statute of limitation issue, and the FDCPA, or Fair Debt Collection Practices Act.

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When consumers are dealing with National Collegiate Student Loan Trust (NCSLT), the question comes up, “Which collection firms sue for these guys?”

There are two law firms that we typically see representing Nation Collegiate Loan Trust in Alabama.

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