Galaxy International Purchasing: What to Do If They Contact You

Galaxy International Purchasing, LLC is a junk debt buyer that purchases charged-off credit card and personal loan accounts for as little as two to five cents on the dollar, then attempts to collect the full balance. If their name appears on your credit report, they own the underlying debt outright.

GIP files thousands of lawsuits annually and openly counts on consumers not responding. Multiple consumer defense attorneys document that GIP frequently cannot prove their case at trial when consumers do respond. This guide covers who GIP is, their documented legal history, and how to respond.

Who Is Galaxy International Purchasing?

Galaxy International Purchasing, LLC is a debt-buying company founded in 2008 and headquartered in Las Vegas, Nevada. The BBB has accredited them since 2014. GIP operates under several alternate names: Galaxy Capital Acquisitions LLC, Worldwide Asset Purchasing LLC, Galaxy Asset Purchasing II LLC, and Galaxy Portfolios LLC. Any of these names on a credit report or court filing refers to the same Las Vegas company.

GIP purchases defaulted credit card and personal loan portfolios and files lawsuits to collect. Their preferred law firms include Mullooly Jeffrey Rooney & Flynn LLP and Fulton Friedman & Gullace LLP in New York and New Jersey, Scott & Associates PC in Texas, and Mandarich Law Group LLP in other jurisdictions.

The Lawsuit-First Business Model

GIP’s business model depends on default judgments. Consumer defense attorneys across Missouri, Florida, New York, and Indiana document that GIP files hundreds to thousands of collection lawsuits annually.

They count on 90% or more of consumers not responding, allowing default judgments to be entered automatically. Once a default judgment is entered, GIP can garnish wages, freeze bank accounts, and place liens on property without any further court action.

Multiple attorneys also document that when consumers do respond to GIP lawsuits, GIP frequently cannot produce the original creditor documentation, account history, or chain-of-title paperwork needed to prove their case at trial. Several cases have been dismissed when GIP could not establish they had legal standing to collect the specific purchased debt.

If you receive a summons from GIP, respond before the deadline in your state. Do not assume GIP can prove their case.

The 2016 Class Action: Confusing Balance Disclosures

In December 2016, a plaintiff filed a class action complaint alleging GIP and Convergent Outsourcing violated the FDCPA through a collection letter that failed to disclose whether the stated balance was increasing due to interest, costs, or fees. The complaint also alleged GIP implied it had the legal authority to collect the debt without appropriate licensing in the relevant jurisdiction, and falsely represented the character, amount, or legal status of the debt by including undisclosed interest and fees.

The case reflects the same balance-disclosure pattern seen in multiple other debt buyer cases: a letter stating a “current balance” without disclosing whether daily interest is still accruing.

Inaccessible by Phone and Reporting Paid Debts

A documented BBB pattern describes GIP being effectively unreachable by phone, going straight to voicemail with no call-backs. A separate documented BBB complaint describes GIP reporting a credit card debt that the consumer had paid in full a year earlier, with the paid balance reappearing on the consumer’s credit report six months after it had been removed.

Another documented case involves a consumer who settled a personal loan debt and later discovered GIP had purchased the account and was reporting it as unpaid. Neither the consumer nor their mortgage lender could reach GIP to confirm the settled status, blocking a home purchase.

Five Alternate Names on Credit Reports and Court Filings

GIP reports to credit bureaus and files lawsuits under at least five names: Galaxy International Purchasing LLC, Galaxy Capital Acquisitions LLC, Worldwide Asset Purchasing LLC, Galaxy Asset Purchasing II LLC, and Galaxy Portfolios LLC. If any of these appear on your credit report, the article below applies.

Search all three credit reports for every variant before filing disputes to ensure you are addressing every instance of the same underlying account.

What GIP Cannot Do Under Federal Law

Based on their documented case and complaint record:

• Send collection letters that fail to disclose whether the stated balance is increasing: The 2016 class action specifically alleged this. Any GIP letter listing a balance without disclosing accruing interest or fees may violate FDCPA Section 1692g.
• Imply legal authority to collect without proper licensing: A specific allegation in the 2016 class action. GIP must be properly licensed in the state where the consumer resides to collect there.
• Report a paid or settled debt as outstanding: Multiple BBB complaints document GIP reporting balances that were paid or settled before GIP purchased the portfolio.
• File suit to collect without documentation proving ownership: Multiple consumer defense attorneys document GIP pursuing cases they cannot support with original creditor records at trial.
• Seek a default judgment without properly serving the consumer: Default judgments can be challenged if the consumer was not properly served with the original lawsuit.

Verify the Debt Before Paying or Responding

Send a written validation request by certified mail immediately. Request the name of the original creditor, the account number, the date of charge-off, the purchase price GIP paid for the portfolio, and the full chain of assignment from the original creditor to GIP.

If GIP cannot produce the chain-of-title documentation, they may not be able to prove in court that they legally own the debt. That same documentation gap has resulted in dismissed cases when consumers have responded and demanded it.

Nevada has a 6-year statute of limitations on written contracts. The relevant statute is the state where you currently reside. Many GIP portfolios contain old debts; confirm the last payment date before engaging.

How to Check Your Credit Report for GIP Entries

Search all three credit reports for all five name variants. Confirm the original creditor is identified and the balance matches what the original creditor recorded at charge-off. If the account shows as unpaid and you have documentation that it was paid or settled, gather that documentation before disputing.

Your Options for Resolving a GIP Account

• Respond to any GIP lawsuit immediately: GIP files lawsuits expecting default judgments. Responding forces them to prove their case. Multiple attorneys document they often cannot.
• Request the full chain-of-assignment documentation before paying: GIP purchases portfolios that may have changed hands multiple times. Each transfer should have documented paperwork. Requesting it creates legal pressure before they file suit.
• Gather payment documentation if the debt was previously settled: Multiple BBB complaints show GIP reporting settled debts as unpaid. Bank records and settlement letters are your defense.
• Check the statute of limitations before engaging on old accounts: GIP purchases old charged-off portfolios. Confirm the last payment date and your state’s limit before paying anything.

How to Contact Galaxy International Purchasing

• Address: Galaxy International Purchasing, LLC, 4730 South Fort Apache Road, Suite 300, Las Vegas, NV 89147
• Phone: (800) 305-9811

Bottom Line

Galaxy International Purchasing is a junk debt buyer that files thousands of collection lawsuits annually counting on consumers not responding. Multiple consumer defense attorneys document that GIP frequently cannot produce the documentation needed to prove their case when consumers do show up in court.

If GIP has sued you, respond before the deadline. If they appear on your credit report, request the chain-of-assignment documentation immediately. If you previously paid or settled the underlying debt, gather that documentation now before filing a bureau dispute.