If you receive persistent calls from Cavalry Portfolio Services regarding consumer debt, you may be dealing with more than standard debt collection. These calls can quickly turn into harassment, leading to unnecessary stress and anxiety. Recognizing your rights is crucial to combating Cavalry Portfolio Services debt collection harassment. When you understand what constitutes harassment, you can take appropriate steps to protect yourself.
What is Cavalry Portfolio Services?
Cavalry Portfolio Services is a debt collection company based in Valhalla, New York. The company specializes in acquiring debts at a fraction of their original value, allowing it to profit from collections. It collects debts across various sectors, including national banks, healthcare, utilities, and other businesses.
However, how they conduct collections may raise concerns for many. While collecting debts is legal, the tactics employed can sometimes cross the line into harassment and violating consumer rights.
Understanding Debt Collection Agencies
Debt collection agencies, like Cavalry Portfolio Services, are companies that specialize in collecting debts on behalf of original creditors. These agencies purchase debts from creditors at a discounted rate and then attempt to collect the full amount from the debtor. Debt collection agencies can be either first-party or third-party collectors. First-party collectors are employed by the original creditor, while third-party collectors are independent companies that purchase debts from creditors.
Debt collection agencies use various methods to collect debts, including phone calls, letters, and emails. They may also report debts to credit bureaus, which can negatively impact a person’s credit score. It’s essential to understand that debt collection agencies are governed by federal and state laws, which regulate their behavior and protect consumers from unfair practices.
Recognizing Cavalry Portfolio Services Debt Collection Harassment
When Cavalry Portfolio Services contacts you, it should be respectful and professional. However, if you experience any of the following, Cavalry Portfolio Services may have subjected you to phone harassment:
- Frequent calls multiple times a day
- Calls at inconvenient hours, such as early mornings or late nights
- Use of aggressive or threatening language
- Refusal to provide transparent information about the debt
- Calling friends or family members about your debt
If you suspect that the calls are about an alleged debt, it is crucial to request verification to ensure the debt is legitimate.
If you experience these actions, you can take legal action. The Fair Debt Collection Practices Act (FDCPA) protects consumers from abusive debt collection practices.
Also read: ARS National Services Harassment
Common Myths About Debt Collectors
Understanding the myths surrounding debt collectors can empower you as a consumer. Here are some misconceptions that often lead to confusion:
Myth 1: Debt Collectors Cannot Lie
While the FDCPA prohibits misleading conduct, some debt collectors may still misrepresent facts about your debt or their authority. They can falsely claim to be from law enforcement or inflate the amount owed.
Myth 2: Ignoring Debt Collectors Is Effective
Many believe that ignoring calls will make them disappear. This approach rarely works. Ignoring collectors can lead to increased harassment or even a Cavalry Portfolio Services lawsuit against you. It’s best to confront the issue directly.
Myth 3: Debt Collectors Can Arrest You
Some collectors may use intimidation tactics, suggesting you could face arrest for failing to pay debts. Owing money is not a criminal offense, and debt collectors have no authority to arrest anyone.
Myth 4: Sending a Cease-and-Desist Letter Solves Everything
While sending a cease-and-desist letter can halt communication from a collector, it doesn’t eliminate the debt itself. Moreover, it may prompt the collector to escalate legal action. Understanding your options is critical before sending such a letter.
Also read: Collection Agency Harassment
Common Complaints Against Debt Collectors
Debt collectors, including Cavalry Portfolio Services, have been known to engage in unfair and deceptive practices. Some common complaints against debt collectors include:
- Harassment: Debt collectors may call or visit debtors repeatedly, causing stress and anxiety.
- False statements: Debt collectors may make false statements about the debt or the debtor’s credit report.
- Threats: Debt collectors may threaten to sue or garnish wages if the debt is not paid.
- Unfair practices: Debt collectors may engage in unfair practices, such as charging excessive fees or interest rates.
If you’re experiencing any of these issues with a debt collector, it’s essential to know your rights and take action to protect yourself.
Is Cavalry Portfolio Services a Scam?
Cavalry Portfolio Services is not a scam; it operates as a legitimate debt collection agency. However, the company’s practices have drawn criticism. They often collect various types of debts, including credit card debt, which can lead to numerous complaints about their practices. According to the Better Business Bureau (BBB), Cavalry Portfolio Services has faced numerous complaints regarding its collection practices. In the past three years, 351 complaints have been filed against them, which raises red flags about their conduct.
Recognizing Cavalry Portfolio Services Phone Numbers
If you receive calls from any of the following numbers, you might be dealing with Cavalry Portfolio Services:
- 914-347-3440
- 224-676-7029
- 303-280-8689
- 888-716-0010
- 800-861-5065
- 800-501-0909
- 918-665-5600
If you notice these numbers persistently calling you, it’s essential to document the instances and consider contacting an attorney specializing in debt collection harassment.
Also read: Credit Bureau Collection Services Harassment
How to Handle Cavalry Portfolio Services Calls
When Cavalry Portfolio Services calls, you have options. Here’s how to manage these interactions effectively:
1. Document Everything
Keep a record of every interaction with Cavalry Portfolio Services, noting dates, times, and the content of the conversations. This documentation can serve as crucial evidence if you decide to pursue legal action.
2. Know Your Rights
Understanding the FDCPA is essential. This federal law prohibits debt collectors from engaging in abusive, deceptive, or unfair practices. Familiarize yourself with your rights to ensure you can defend them if necessary.
3. Respond Professionally
If you engage with Cavalry Portfolio Services, remain calm and professional. Avoid escalating the situation by responding to aggressive tactics with aggression. Clearly state your position and request written verification of the debt if you feel the need.
4. Consider Legal Representation
Cavalry Portfolio Services continues to harass you despite your efforts, it may be time to seek legal help. The Wood Law Firm specializes in consumer rights and can help you navigate the complexities of debt collection laws. An attorney can also help you explore options like debt settlement to reduce the amount you owe.
Steps to Verify Your Debt
When you receive a call from Cavalry Portfolio Services, you must verify the debt they claim you owe. Debt verification protects your rights and ensures you only pay legitimate debts. Follow these steps to verify your debt effectively:
Request a Debt Validation Letter
Under the Fair Debt Collection Practices Act (FDCPA), you can request a validation letter from Cavalry Portfolio Services within 30 days of their initial contact. This letter should provide details about the debt, including the amount owed, the name of the original creditor, and your right to dispute the debt. Send a written request to the collector asking for this information and keep a copy for your records.
Check Your Records
Review your records, including bank statements, credit card statements, and any communication you’ve had with creditors. Compare this information with what Cavalry Portfolio Services claims you owe. Look for discrepancies, such as different amounts or creditors, as these may indicate errors or potential scams. If you find multiple debts, you might consider debt consolidation to manage your payments more effectively.
Contact the Original Creditor
If you need more clarification about the legitimacy of the debt, contact the original creditor directly. They can confirm if they transferred to Cavalry Portfolio Services. This step is crucial in distinguishing between legitimate claims and potential Cavalry Portfolio Services scams
Verify the Collector’s Credentials
Ensure that Cavalry Portfolio Services is licensed and authorized to collect debts in your state. You can check their credentials through your state’s attorney general’s office or the Better Business Bureau. If you find any red flags, such as a lack of proper licensing, be cautious and consider reporting them.
Keep Detailed Records
Document all interactions with Cavalry Portfolio Services, which includes keeping phone calls, letters, and other correspondence records. Write down the dates, times, and names of representatives you speak with. This documentation will be invaluable if you dispute the debt or file a complaint against the collector.
Know Your Rights
Familiarize yourself with your rights under the FDCPA. You have the right to dispute the debt and to be treated with respect. If Cavalry Portfolio Services engages in harassing or illegal tactics, you can report them to the Consumer Financial Protection Bureau or consult a legal professional.
By taking these steps, you can ensure that you handle any claims from Cavalry Portfolio Services appropriately, protect yourself from Cavalry Portfolio Services debt collection harassment, and pay only the debts you rightfully owe.
Also read: Comenity Bank Debt Collection Harassment
Understanding Your Legal Options
If you believe you are experiencing Cavalry Portfolio Services debt collection harassment, take action. Here are your options:
File a Complaint
You can file a complaint with the Consumer Financial Protection Bureau (CFPB) against Cavalry Portfolio Services. This agency oversees financial institutions and can investigate unfair practices.
Seek Legal Counsel
Contact The Wood Law Firm at for a consultation. They can evaluate your case, explain your rights, and assist you in taking the necessary legal steps to stop harassment.
Can Debt Collectors Sue You or Garnish Your Wages?
Yes, debt collectors can sue you or garnish your wages if you fail to pay a debt. However, they must follow specific procedures and obtain a court judgment before taking such action. If a debt collector sues you, you’ll receive a summons and complaint, which you must respond to within a specified timeframe.
If you ignore the lawsuit or fail to respond, the debt collector may obtain a default judgment, which can lead to wage garnishment or asset seizure. It’s crucial to take debt collection lawsuits seriously and seek professional help if needed.
How to Answer a Summons for Debt Collection
If you receive a summons for debt collection, it’s essential to respond promptly and correctly. Here are the steps to follow:
- Read the summons carefully: Understand the debt amount, creditor, and court information.
- Verify the debt: Check your credit report and financial records to ensure the debt is legitimate.
- Respond to the summons: File an answer with the court, either personally or through an attorney.
- Seek professional help: Consult with a law firm or debt collection attorney if you’re unsure about the process.
Remember, ignoring a summons can lead to a default judgment, which can have severe consequences.
Lawsuits Against Cavalry Portfolio Services
Cavalry Portfolio Services, a debt collection company, has faced lawsuits for its practices. Complaints have led to several notable cases, including:
- 5:18-cv-01055-F Rupert v. Cavalry SPV I LLC et al.
- 2:18-cv-00531-JPH-DLP COX v. CAVALRY PORTFOLIO SERVICES, LLC
- 1:18-cv-10314-VSB Uulu v. Cavalry Portfolio Services, LLC et al.
These cases indicate that consumers are taking action against harassment and abuse. You can join these efforts by asserting your rights.
Monitoring Your Credit Report for Debt Collector Activity
Debt collectors often report debts to credit bureaus, which can negatively impact your credit score. It’s essential to monitor your credit report regularly to detect any debt collector activity. Here’s how:
- Obtain a free credit report: Request a free credit report from Experian, TransUnion, or Equifax.
- Review your report: Check for any debt collector entries or inquiries.
- Dispute errors: If you find errors or inaccuracies, dispute them with the credit bureau.
- Monitor regularly: Check your credit report regularly to ensure no new debt collector activity.
By monitoring your credit report, you can detect any debt collector activity and take action to protect your credit score.
Protecting Yourself from Cavalry Portfolio Services Debt Collection Harassment
You don’t have to endure harassment from Cavalry Portfolio Services. Here’s how you can protect yourself:
Educate Yourself
Learn about your rights under the FDCPA. The more informed you are, the better equipped you will be to handle any situation that arises.
Establish Boundaries
If you wish to refrain from engaging with Cavalry Portfolio Services, communicate your wishes. You can request that they stop calling you, though this may not stop them from pursuing the debt.
Don’t Make Promises You Can’t Keep
If you cannot pay, don’t promise to pay a debt you cannot manage so you do not become involved in further complications and increased harassment.
Also read: Allied Collection Services Debt Collection Harassment
The Role of The Wood Law Firm in Stopping Cavalry Portfolio Services Debt Collection Harassment
The Wood Law Firm specializes in consumer rights, particularly in debt collection. They fight against unlawful practices by debt collectors, including Cavalry Portfolio Services. By reaching out to them, you gain access to:
- Legal expertise in consumer rights
- Guidance on how to handle harassment
- Representation in potential lawsuits against collectors
Don’t hesitate to contact The Wood Law Firm at +1 844-638-1122 for immediate assistance. They can help you understand your situation and develop a strategy to combat harassment.
Also read: American Collection Services Harassment
Take Action Against Cavalry Portfolio Services Debt Collection Harassment
Dealing with Cavalry Portfolio Services debt collection harassment can be overwhelming. Understanding your rights and knowing how to respond is crucial. If you experience harassment, remember that you have options. Document your interactions, understand the laws protecting you, and consider contacting The Wood Law Firm for help.
You do not have to face this alone. The resources and support are available to help you navigate the challenges posed by debt collectors. Don’t let Cavalry Portfolio Services dictate your life. Take charge of your situation and seek the justice you deserve.
This article gives you the information needed to confront Cavalry Portfolio Services confidently. Protect your rights and seek assistance when necessary. You can take control of your financial situation and stop harassment today!
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