Most debt collectors call you. Cavalry Portfolio Services is different – they sue you. As one of the largest junk debt buyers in the country, Cavalry’s business model runs on high-volume litigation. They purchase defaulted credit card debt from banks like Citibank for pennies on the dollar, then file lawsuits in bulk to collect the full balance. If Cavalry SPV I LLC has appeared in your mailbox with court papers – or if you’re anticipating they might – understanding exactly how they operate changes how you respond.
Cavalry settled with a state attorney general, has been sued for allegedly collecting in states without proper licenses, and has faced lawsuits alleging they pursued debts past the statute of limitations. Their compliance record doesn’t match their volume. +1-844-638-1122 – call The Wood Firm PLLC if they’ve crossed a line with you.
Key Takeaways
- Cavalry Portfolio Services is a junk debt buyer based in Greenwich, CT – they purchase defaulted debt, primarily credit cards, for pennies on the dollar
- They file lawsuits in high volume using local attorneys – often under the name Cavalry SPV I LLC
- In 2016, the West Virginia AG settled with them over allegations of unlicensed and abusive collection practices
- They have been sued for pursuing time-barred debt and collecting without proper state licensing in New Jersey
- 351+ BBB complaints cite issues including excessive calls, confusing letters, and alleged collection on paid or incorrect debts
- If sued, respond before your deadline – ignoring Cavalry leads to automatic default judgments and wage garnishment
- The Wood Firm PLLC works on contingency – you pay nothing unless we win
Who Is Cavalry Portfolio Services?
Cavalry Portfolio Services, LLC is a debt buyer headquartered at 1 American Lane, Suite 220, Greenwich, CT 06831. They are not a traditional collection agency collecting on behalf of original creditors – they purchase defaulted debt outright, typically credit card accounts, at a fraction of face value. Once they own the account, they pursue the full balance through calls, letters, and lawsuits.
You may see them appear as Cavalry SPV I LLC, Cavalry SPV II, or Cavalry Portfolio Services, LLC – these are related legal entities used when they file suit. Cavalry SPV I LLC is their primary litigation vehicle; when you’re served with a lawsuit, it will almost certainly come from Cavalry SPV I LLC, not Cavalry Portfolio Services.
They are not the same company as Portfolio Recovery Associates, a separate debt buyer that often appears in similar searches.
Contact information:
- Phone: (914) 347-3440 / 914-347-3440 / 9143473440
- Also reported: (866) 873-5293 / 866-873-5293 / 8668735293, (888) 716-0010, (800) 861-5065, (800) 501-0909, (224) 676-7029, (303) 280-8689, (918) 665-5600
- Email: [email protected]
- PO Box: PO Box 4252, Greenwich, CT 06831
- Address: 1 American Lane, Suite 220, Greenwich, CT 06831
- Account portal / login: available through their official website
Who Does Cavalry Portfolio Services Collect For?
Cavalry doesn’t collect on behalf of original creditors – they own the debt outright after purchasing it. Their primary source is credit card portfolios from major banks, with Citibank being one of the most frequently named original creditors in Cavalry accounts. If your credit card debt was with Citi and has been charged off, there is a significant chance it was sold to Cavalry.
Other common debt types in their portfolios include:
- Credit card balances from national banks
- Retail and store credit card debt
- Personal loan deficiency balances
- Healthcare accounts in some markets
Because debt changes hands through bulk purchases, the documentation chain from the original creditor to Cavalry is a known weakness. They must prove they own the specific account they’re suing on – and in high-volume litigation operations, that paperwork is not always complete.
Cavalry Portfolio Services Is Suing Me – What Happens Now
Cavalry’s litigation model is central to how they operate. Unlike agencies that rely primarily on calls and letters, Cavalry files lawsuits in high volume using a network of local attorneys. When they file, they do so under Cavalry SPV I LLC – which is why that name appears in court records while Cavalry Portfolio Services appears on credit reports.
If you’ve been served, the most important thing to know is your response deadline. Miss it and Cavalry wins automatically by default judgment – giving them court authorization to garnish wages and levy bank accounts without further court approval.
Before the deadline, examine these specific defenses – each one is grounded in Cavalry’s documented history, not generic legal theory:
- Statute of limitations – Cavalry has documented lawsuits alleging they sue on time-barred debt. Your state’s limitation period on credit card debt typically runs three to six years from the date of last payment. If that window has closed, the statute of limitations is an affirmative defense you must raise in your answer or you lose the right to use it.
- Lack of standing / chain of ownership – Cavalry must prove they own your specific account. Bulk debt purchases often have gaps in the documentation chain. Request every bill of sale, assignment, and transfer document from the original creditor through to Cavalry SPV I LLC.
- Improper state licensing – In 2018, Cavalry was sued for collecting in New Jersey without proper state licensing. Verify they are licensed to collect in your state before engaging with any lawsuit they file.
- Incorrect amount – Cavalry’s letters have been challenged for failing to properly disclose whether balances were accruing interest or fees. Verify the claimed amount against your original account records.
📞 Has Cavalry Portfolio Services Violated Your Rights?
Federal law protects you from abusive debt collection. You may be entitled to:
- Up to $1,000 per FDCPA violation
- Actual damages for emotional distress and lost wages
- Attorney fees paid by Cavalry Portfolio Services if we win
✓ We work on contingency — You pay nothing unless we win
FREE Case Review: +1-844-638-1122
How to Stop Cavalry Portfolio Services
To stop Cavalry Portfolio Services, you have three options – and the right one depends on where things stand. If they’ve only been calling, a cease-and-desist or validation request buys you time and protection. If they’ve already filed a lawsuit, skip straight to option three.
1. Send a Cease-and-Desist Letter
Mail a written request via certified mail to 1 American Lane, Suite 220, Greenwich, CT 06831, stating you want all contact to stop. Under the Fair Debt Collection Practices Act, once received they can only contact you to confirm cessation or notify you of legal action. Keep your certified mail receipt. Note: a cease-and-desist doesn’t stop Cavalry from filing a lawsuit – their litigation model means you may receive court papers regardless. Don’t let a cease-and-desist lull you into ignoring legal correspondence.
2. Request Debt Validation
Within 30 days of first contact, send a written validation request via certified mail. Because Cavalry purchases bulk debt portfolios, their documentation of your specific account may be incomplete. Request the original creditor agreement, complete payment history, and every assignment document linking Cavalry SPV I LLC to your account. If they cannot produce the full chain of ownership, they have a significant problem proving their case – whether through collection or litigation.
3. Hire an Attorney (Most Important If Being Sued)
If you’ve been served with a lawsuit, this is not optional. Cavalry files in volume and relies on consumers not responding. An attorney can assert every available defense – statute of limitations, lack of standing, licensing violations – and pursue counterclaims if Cavalry violated the FDCPA in the process. The Wood Firm PLLC works on a contingency basis. Call +1-844-638-1122.
Cavalry Portfolio Services Settlement Offers
Cavalry purchased your debt for pennies on the dollar – typically 3% to 7% of face value for aged credit card portfolios. That means they profit on almost any settlement above what they paid. This gives you more negotiation room than they will voluntarily acknowledge.
Settlement ranges vary based on how old the debt is, how close the statute of limitations is, and whether litigation has started. Here is what to realistically expect:
- Pre-lawsuit settlements often land at 40% to 60% of the claimed balance
- If the debt is near or past the statute of limitations, the floor can be significantly lower
- If their documentation is weak, they may settle rather than litigate a case they’re not confident winning
Get any settlement agreement in writing before paying. It should specify the exact amount, that it constitutes full satisfaction of the debt, and how Cavalry will report it to credit bureaus. Negotiate deletion from all three bureaus as a condition of settlement – this is Cavalry-specific because their high-volume purchasing means the reported tradeline may have inaccuracies worth resolving as part of any deal.
Cavalry Portfolio Services Lawsuits and Legal History
Cavalry’s court record spans multiple states and multiple years – and the violations aren’t random. The pattern running through their legal history is a company that moves fast, buys in bulk, and cuts corners on compliance when volume demands it.
- West Virginia AG Settlement (2016): Cavalry settled with the West Virginia Attorney General over allegations of unlicensed collection, collecting on paid or incorrect debts, and abusive practices. This is a state-level enforcement action – not a private lawsuit – which carries particular weight as evidence of systemic conduct.
- Unlicensed Collection – New Jersey (2018): A lawsuit alleged Cavalry attempted to collect debts in New Jersey without proper state licensing. Collecting without a state license is an FDCPA violation and potentially a defense to any claim they bring against you in that state.
- Time-Barred Debt Class Actions: Multiple lawsuits allege Cavalry pursues debts past the statute of limitations – a documented pattern consistent with their high-volume purchasing of aged portfolios.
- Deceptive Letters / Balance Disclosure: Numerous class actions allege Cavalry failed to clearly disclose whether balances were accruing interest or fees, misidentified creditors in collection notices, and failed to explain dispute rights properly.
- TCPA Robocalling Class Actions: Cavalry has faced class action lawsuits for alleged automated calling without consumer consent – each call potentially worth $500 to $1,500 in damages.
- Rupert v. Cavalry SPV I LLC (5:18-cv-01055-F), COX v. Cavalry Portfolio Services (2:18-cv-00531), Uulu v. Cavalry Portfolio Services (1:18-cv-10314): Individual FDCPA cases filed in federal courts across multiple states in the same year, reflecting the geographic breadth of their collection activity.
Cavalry Portfolio Services Reviews and Complaints
With 351+ BBB complaints in three years, Cavalry’s pattern is consistent: calls about debts already paid, balances that don’t match records, letters that don’t clearly explain dispute rights, and lawsuits filed on accounts consumers believe are time-barred. The volume of complaints reflects their business model – when you purchase millions of accounts in bulk, documentation errors scale with the portfolio.
How to Remove Cavalry Portfolio Services from Your Credit Report
To remove Cavalry Portfolio Services from your credit report, the approach depends on whether the entry is accurate. Either way, Cavalry’s bulk purchasing model means the reported information deserves closer scrutiny than a tradeline from your original creditor – errors in balance, date, and creditor identity are more common when accounts have changed hands.
- If the entry is inaccurate – dispute it with each bureau in writing. Given Cavalry’s bulk purchase model and documented pattern of collecting on paid or incorrect debts, verify the original delinquency date, balance, and creditor name carefully.
- If the entry is accurate – negotiate pay-for-delete as an explicit written condition of any settlement. Cavalry’s motivation to settle means this is more negotiable than they typically advertise.
- Seven-year clock – runs from original delinquency, not from when Cavalry acquired or reported the account. Given their practice of purchasing aged debt, verify this date is not being manipulated on your report.
- FCRA grounds – if Cavalry reported inaccurate information, you may have a separate legal claim under the Fair Credit Reporting Act.
How The Wood Firm PLLC Stops Cavalry Portfolio Services
Cavalry’s litigation model is their strength and their vulnerability. They file in volume,which means their documentation is sometimes incomplete, their statute of limitations analysis is sometimes wrong, and their state licensing is sometimes insufficient. Every lawsuit they file is worth examining on each of those dimensions.
When you call us, we send a legal notice immediately. If you’ve been sued, we respond before the deadline and assert every available defense. We pursue compensation for every FDCPA, FCRA, and TCPA violation. You pay nothing unless we win – if we prevail, Cavalry pays the fees.
About Attorney Jeff Wood
Jeff Wood founded The Wood Firm PLLC exclusively for consumer protection cases. With over 15 years of FDCPA, FCRA, and TCPA experience, he has never represented a creditor or debt buyer. He understands Cavalry’s litigation playbook – the bulk purchasing, the SPV structure, the high-volume court filings – and knows how to identify the documentation gaps and procedural failures that give consumers real defenses.
The Wood Firm PLLC maintains Of Counsel relationships with attorneys licensed in Arizona, California, Florida, Louisiana, Minnesota, Missouri, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, and West Virginia.
⚖️ Has Cavalry Portfolio Services Violated Your Rights?
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Frequently Asked Questions About Cavalry Portfolio Services
1. Is Cavalry Portfolio Services legitimate or a scam?
Legitimate – a real debt buyer based in Greenwich, CT. Not a scam. But legitimate doesn’t mean compliant: a 2016 West Virginia AG settlement, lawsuits for collecting without NJ state licensing, and 351+ BBB complaints document specific, recurring problems with their practices.
2. What is Cavalry SPV I LLC and how is it different from Cavalry Portfolio Services?
Cavalry SPV I LLC is the legal entity Cavalry uses when filing lawsuits against consumers. Cavalry Portfolio Services is their general operating name. If you’re being sued, the plaintiff will be Cavalry SPV I LLC. Both entities are part of the same company – understanding this distinction matters when reviewing court papers or their portal login.
3. Who does Cavalry Portfolio Services collect for?
They don’t collect on behalf of anyone – they buy defaulted debt outright. Citibank credit card portfolios are among their most frequently purchased accounts. They also buy retail card debt and personal loan balances. Once purchased, they own the debt and collect for their own profit.
4. Cavalry Portfolio Services is suing me – what do I do?
Respond before your deadline – typically 20 to 30 days depending on your state. Assess three specific defenses: whether the statute of limitations has expired, whether Cavalry can prove the complete chain of ownership from the original creditor, and whether they are properly licensed in your state. Call +1-844-638-1122 immediately.
5. How much will Cavalry Portfolio Services settle for?
They paid pennies on the dollar for your debt, so they profit on almost any settlement. Pre-lawsuit settlements typically range from 40% to 60% of the claimed balance. If the debt is near or past the statute of limitations, or their documentation is weak, the realistic settlement floor is lower. Get any agreement in writing before paying and negotiate credit report deletion as a condition.
6. What are Cavalry Portfolio Services’ phone numbers?
(914) 347-3440 / 9143473440 is their primary number. They also call from (888) 716-0010, (800) 861-5065, (800) 501-0909, (224) 676-7029, (303) 280-8689, and (918) 665-5600. Document every call with the number, date, time, and content.
7. Can Cavalry Portfolio Services garnish my wages?
Only after obtaining a court judgment. Pre-judgment garnishment threats violate the FDCPA. But because Cavalry files lawsuits in high volume, an unanswered summons can result in a default judgment quickly – giving them court-authorized wage garnishment without ever proving the debt’s validity.
8. Can I sue Cavalry Portfolio Services?
Yes. FDCPA violations – deceptive letters, robocalling, pursuing time-barred debt, collecting without state licensing – can result in up to $1,000 per lawsuit in statutory damages plus actual damages and attorney fees. TCPA violations for unauthorized robocalls add $500 to $1,500 per call. The Wood Firm PLLC handles these cases on contingency. Call +1-844-638-1122.
Cavalry’s lawsuit model is designed to work when consumers don’t respond. Every tool that makes their case harder – questioning their documentation, checking the statute of limitations, verifying their state licensing – reduces their leverage significantly. Call +1-844-638-1122 and let’s look at what they’ve actually sent you.
