Cavalry Portfolio Services is a debt collection agency based in Valhalla, New York, that may be violating your rights under federal law. If you’re receiving persistent calls from Cavalry Portfolio Services regarding consumer debt, these calls could constitute harassment under the Fair Debt Collection Practices Act (FDCPA).
Recognizing your rights is crucial to combating Cavalry Portfolio Services debt collection harassment and taking appropriate steps to protect yourself.
What Is Cavalry Portfolio Services
Cavalry Portfolio Services is a debt collection company based in Valhalla, New York that specializes in acquiring debts at a fraction of their original value. The company collects debts across various sectors, including national banks, healthcare, utilities, and other businesses.
While collecting debts is legal, the tactics employed could sometimes cross the line into harassment and potentially violate consumer rights. According to the Better Business Bureau, Cavalry Portfolio Services has faced 351 complaints in the past three years, raising concerns about their conduct.
Understanding How Debt Collection Agencies Operate
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. These agencies use various methods to collect debts, including phone calls, letters, and emails. They may also report debts to credit bureaus, which could negatively impact your credit score.
Debt collection agencies are governed by federal and state laws that regulate their behavior and protect consumers from unfair practices.
Recognizing Cavalry Portfolio Services Harassment
When Cavalry Portfolio Services contacts you, it should be respectful and professional. However, if you believe you’re experiencing 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 before 8 a.m. or after 9 p.m.
- Use of aggressive or threatening language
- Refusal to provide transparent information about the debt
- Calling friends or family members about your debt without consent
If you suspect the calls are about an alleged debt, it may be crucial to request verification to ensure the debt is legitimate. If you believe you’re experiencing these actions, you can take legal action. The Fair Debt Collection Practices Act (FDCPA) protects consumers from abusive debt collection practices.
Common Myths About Debt Collectors
Understanding myths surrounding debt collectors can empower you as a consumer. Here are 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 could 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 could lead to increased harassment or even a lawsuit against you. It may be 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 could be critical before sending such a letter.
Also read: Collection Agency Harassment
Common Complaints Against Cavalry Portfolio Services
Debt collectors, including Cavalry Portfolio Services, may engage in unfair and deceptive practices. Common complaints 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 believe you’re experiencing any of these issues with a debt collector, it may be essential to know your rights and take action to protect yourself. Contact The Wood Law Firm at +1 844-638-1122 for guidance.
Identifying 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 may be essential to document the instances and consider contacting an attorney specializing in debt collection harassment.
How to Handle Cavalry Portfolio Services Calls
When Cavalry Portfolio Services calls, you have options. Here’s how to manage these interactions effectively:
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.
Essential information to document:
- Date and time of each call
- Duration of the conversation
- Name of the representative
- Phone number used to contact you
- Specific threats or aggressive language
- Any claims about legal action or wage garnishment
Know Your Rights Under the FDCPA
Understanding the FDCPA may be essential. This federal law prohibits debt collectors from engaging in abusive, deceptive, or unfair practices. Key protections include:
- Collectors cannot call before 8 a.m. or after 9 p.m.
- They cannot contact third parties about your debt without consent
- They must provide debt validation upon request
- They cannot threaten actions they cannot legally take
- They must cease contact if you send a written cease letter
Familiarize yourself with your rights to ensure you can defend them if necessary.
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.
Consider Legal Representation
If 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 to reduce the amount you owe.
Steps to Verify Your Debt
When you receive a call from Cavalry Portfolio Services, verifying the debt they claim you owe may be crucial. Debt verification protects your rights and ensures you only pay legitimate debts.
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:
- The amount owed
- The name of the original creditor
- Your right to dispute the debt
- Proof they have the right to collect
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.
Contact the Original Creditor
If you need clarification about the legitimacy of the debt, contact the original creditor directly. They can confirm if they transferred the debt to Cavalry Portfolio Services. This step could be crucial in distinguishing between legitimate claims and potential 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.
Also read: Comenity Bank Debt Collection Harassment
Understanding Your Legal Options
If you believe you are experiencing Cavalry Portfolio Services debt collection harassment, taking action may be essential. Here are your options:
File a Complaint
You can file a complaint with the Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), or your state attorney general against Cavalry Portfolio Services. These agencies oversee financial institutions and can investigate unfair practices.
Seek Legal Counsel
Contact The Wood Law Firm at +1 844-638-1122 for a consultation. They can evaluate your case, explain your rights, and assist you in taking the necessary legal steps to stop harassment. You may be entitled to statutory damages up to $1,000 per violation, with attorney fees paid by the collector.
Can Debt Collectors Sue You or Garnish 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 could lead to wage garnishment or asset seizure. It may be 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 may be 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 The Wood Law Firm or a debt collection attorney if you’re unsure about the process
Remember, ignoring a summons could lead to a default judgment, which may have severe consequences.
Federal Lawsuits Against Cavalry Portfolio Services
Cavalry Portfolio Services has faced numerous lawsuits for its practices. Complaints have led to several notable cases, including:
- Rupert v. Cavalry SPV I LLC et al. (5:18-cv-01055-F)
- COX v. CAVALRY PORTFOLIO SERVICES, LLC (2:18-cv-00531-JPH-DLP)
- Uulu v. Cavalry Portfolio Services, LLC et al. (1:18-cv-10314-VSB)
These cases indicate that consumers are taking action against harassment and abuse. You can join these efforts by asserting your rights with help from The Wood Law Firm.
Monitoring Your Credit Report for Collection Activity
Debt collectors often report debts to credit bureaus, which could negatively impact your credit score. It may be essential to monitor your credit report regularly to detect any debt collector activity.
Steps to monitor your credit:
- 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.
Also read: Allied Collection Services Debt Collection Harassment
About The Wood Law Firm
At The Wood Law Firm, our mission is simple: to protect consumers from predatory practices and ensure they receive the fair treatment they deserve. We specialize in cases involving the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and Telephone Consumer Protection Act (TCPA). For over a decade, we have fought tirelessly to hold companies accountable and to secure justice for our clients.
Choosing The Wood Law Firm means partnering with a team that is deeply committed to your cause. We understand the stress and frustration that comes with facing unfair consumer practices, and we are here to stand by your side every step of the way. Our personalized approach, combined with our extensive experience and national reach, makes us uniquely equipped to handle your consumer protection needs.
The Wood Law Firm has cultivated strong Of Counsel relationships with attorneys licensed in Arizona, California, Florida, Louisiana, Minnesota, Missouri, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, and West Virginia.
About Attorney Jeff Wood
Jeff Wood is an accomplished attorney based in Arkansas, where he is fully licensed to practice law. With over 15 years of experience, Mr. Wood specializes in consumer protection, focusing on cases involving the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and Telephone Consumer Protection Act (TCPA).
Mr. Wood has recovered millions of dollars for consumers facing illegal debt collection practices, including cases against Cavalry Portfolio Services. His commitment to consumer rights and extensive litigation experience make him a formidable advocate against abusive collectors.
Success Stories From Real Clients
Case 1: Excessive Calling Violation Brings $9,800 Settlement A Pennsylvania consumer received 12 to 15 calls daily from Cavalry Portfolio Services over a three-week period, including calls before 8 a.m. and after 9 p.m. The constant harassment caused severe anxiety and disrupted her work. The Wood Law Firm documented the violations with phone records and filed an FDCPA lawsuit. Cavalry Portfolio Services settled for $9,800 plus full debt forgiveness within 55 days of our initial consultation. The collector paid all attorney fees separately.
Case 2: Third-Party Disclosure Violation Results in $10,500 Recovery A Texas resident’s family members received multiple calls from Cavalry Portfolio Services discussing his alleged debt without permission, causing significant embarrassment and family stress. The Wood Law Firm proved these third-party disclosures violated the FDCPA. Cavalry Portfolio Services settled for $10,500, removed the debt from credit reports, and agreed to cease all collection efforts. Our client received the full settlement amount as the collector paid our legal fees separately.
Frequently Asked Questions
What is Cavalry Portfolio Services and what do they do?
Cavalry Portfolio Services is a debt collection agency based in Valhalla, New York that purchases delinquent debts at a discount and attempts to collect the full amount from consumers. They collect debts across various sectors including national banks, healthcare, and utilities.
Is Cavalry Portfolio Services a scam?
No, it’s a legitimate debt collector, but it has faced 351 complaints with the Better Business Bureau in the past three years and multiple lawsuits for questionable and aggressive collection practices that may violate the FDCPA.
How can I identify Cavalry Portfolio Services phone calls?
Look for frequent calls from numbers like 914-347-3440, 888-716-0010, 800-861-5065, 224-676-7029, 303-280-8689, 800-501-0909, or 918-665-5600. These numbers are linked to Cavalry Portfolio Services.
What behavior counts as debt collection harassment?
Harassment may include frequent calls (courts have found 7+ calls per day excessive), threats, aggressive language, calls before 8 a.m. or after 9 p.m., or contacting family members without consent regarding your alleged debt.
What rights do I have against debt collectors like Cavalry Portfolio Services?
The FDCPA protects you from abusive, misleading, or unfair debt collection practices. You have the right to request debt validation, stop communications, and sue for violations. You may be entitled to up to $1,000 in statutory damages per violation.
Can Cavalry Portfolio Services sue or garnish wages?
Yes, but only with a court judgment obtained through proper legal procedures. Ignoring lawsuits could result in wage garnishment or bank account seizures. If you receive a summons, contact The Wood Law Firm immediately at +1 844-638-1122.
How do I verify a debt claimed by Cavalry Portfolio Services?
Request a debt validation letter within 30 days of first contact, review your financial records, confirm the debt with the original creditor, and verify Cavalry Portfolio Services is licensed in your state.
What should I do if Cavalry Portfolio Services keeps calling?
Document all interactions with dates, times, and details. Stay professional, assert your rights under the FDCPA, request written debt validation, and consult The Wood Law Firm if harassment continues.
How can I protect my credit from debt collector activity?
Regularly check your credit report from Experian, TransUnion, or Equifax. Dispute any inaccuracies immediately and monitor for unauthorized debt collection entries. The Wood Law Firm can help if Cavalry Portfolio Services reports inaccurate information.
How can The Wood Law Firm help with Cavalry harassment?
The Wood Law Firm provides free consultations, evaluates your case for FDCPA violations, helps stop harassment immediately, and represents clients in lawsuits against Cavalry Portfolio Services. You may be entitled to compensation with attorney fees paid by the collector.
Take Action Against Cavalry Portfolio Services Today
If you believe Cavalry Portfolio Services has violated your rights through harassment, threats, or deceptive practices, you don’t have to face them alone. The Wood Law Firm has successfully represented hundreds of consumers against abusive debt collectors and recovered millions in damages.
Contact The Wood Law Firm today at +1 844-638-1122 for a free consultation. Our experienced consumer protection attorneys will evaluate your case, explain your options, and fight for the compensation you deserve. We handle all cases on contingency, meaning you pay nothing unless we win.
Don’t let Cavalry Portfolio Services continue to violate your rights. Protect yourself and seek the justice you deserve.
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