Cavalry SPV I LLC Debt Collector

With more and more trying to keep up with the high standards of living in the US, the level of indebtedness has been gradually increasing.

As of December 2015, the household debt stood at $12.12 trillion excluding those currently declared bankrupt or are facing bankruptcy. This was an increase from the previous year but it was below the all-time high recorded in 2008 that stood at $12.68 trillion.

This was an increase from the previous year but it was below the all-time high recorded in 2008 that stood at $12.68 trillion.

Mortgages, student loans, car loans and medical loans contributed highly to the numbers seen although mortgages remain the number one contributor to high debt in the US. As of December 2015, around 5.4% of all debt (around $0.65 trillion) was in some state of delinquency.

As of December 2015, around 5.4% of all debt (around $0.65 trillion) was in some state of delinquency.

While these statistics are saddening, the debt collection industry is booming. The debt collection industry has an annual growth rate of around 1.4%. This growth is attributed to the growth in the number of debt collection opportunities in the country.

This growth is attributed to the growth in the number of debt collection opportunities in the country.

There are approximately 450,000 people employed in around 10,000 formal debt collection agencies whose annual revenue is to be around $14 billion. Businesses placed around 150 million worth of debt in the agencies’ hands in 2014, a figure that increases yearly.

Businesses placed around 150 million worth of debt in the agencies’ hands in 2014, a figure that increases yearly.

Although businesses are the most common users of debt collection agencies, individual creditors have taken up the opportunity and are now using these facilities to collect their personal debts some of which may have been given quite informally.

Cavalry SPV I LLC is an organization that specializes in the acquisition and management of non-performing consumer loan portfolios. Cavalry assists businesses as well as individuals in coming up with solutions that ensure that their debts are resolved.

Cavalry then collects on all debts purchased.

Most of the time, the company uses legal procedures to achieve this. The company also assists organizations in the collection of consumer debts.

Some people usually classify Cavalry SPV I LLC as a debt buyer.past-due




Cavalry was founded in 2002 and has since climbed the ranks to an industry leader.

As an organization, Cavalry portfolio services has a qualified team of experts who work with clients to create the best solutions for their needs.

Cavalry was founded in 2002 and has since climbed the ranks to an industry leader.

As an organization, Cavalry portfolio services has a qualified team of experts who work with clients to create the best solutions for their needs.

At Cavalry, the client always comes first and every client is given utmost respect and the best of services.

To facilitate excellent work, Cavalry has a number of core values. They are constantly pursuing excellence and as such are always seeking ways of doing things better.

Irrespective of the fact that this is a profit oriented organization, Cavalry has made quite an intensive investment in the community.

They have made it their businesses to make the community a better place for all through their charitable initiatives.

From food donation to medical support, the company is serious about its involvement in community affairs.

The Company is headquartered in New York. You can reach them through the post office Box 1030, Hawthorne, NY 10532 or call them through 866-434-2996. Their phone number is 1-800-501-0909 and they also have a principal address at 500 Summit Lake Drive, Ste 400 Valhalla NY 10595, in Georgia.

alotCavalry has 10 million active accounts which total up to $15 billion in outstanding balances.

Over the years, they have gained a lot of experience in the management of automobile deficiency accounts and portfolios.

Many people are not conversant with Cavalry and as such, the first instinct upon receipt of a debt collection letter or court summons is to ignore it.

Other people call them through their consumer portfolio services phone number to find out the legitimacy of the debt and the claim.
However, you are advised not to ignore the letters received as they may have additional legal complications on your case.

Once you receive the letter, you should contact your attorney and reply within 20 days.

Failure to do this means you will be held in contempt of court. This gives an upper hand to Cavalry who will then start ‘controlling’ your finances especially your wages. I am sure you do not want this to happen!

You have several options at this stage. First, is to fight the case.

This may not be easy but you have a high chance of success. With the help of a good attorney, who has dealt with debt default cases before, you may prove to the judge that the case presented by Cavalry does not stand.judge

There are a number of defenses that can be used in litigation against Cavalry owing to the fact that they are not the original creditor.

Some major defenses include that based on the statute of limitations and the fact that Cavalry was not the original creditor. In the latter, they have to prove possession of the debt at the onset of the case. This usually pokes holes into their cases.

The statute of limitation limits the prosecutor’s ability to bring charges against you for an action that was committed a number of years ago. This number may vary from state to state and with the crime committed.

However, its essence is to ensure that the conviction is not based on some deteriorated evidence.

During this period though, the debtor or accused is supposed to remain within the confines of the state and should have meaningful employment.

However, after the period provided for has elapsed, the accused is free from the charges.

Sometimes, the debt may be legitimate and if you have the resources to settle it, you may go ahead and settle.

This is the fastest way to solve this and it has the least implications on your credit ratings and well-being. You will not be subjected to long legal procedures and your family will not be dragged into financial battles.

The third option you have at your hands is to file for bankruptcy especially if your debts are way beyond your resources.

Well, although it may sound good to you at the moment, bankruptcy has its own fair share of disadvantages.

As such, I advise this only as a last resort as it has the greatest effect on your credit ratings and it may take a while to recover from the bankrupt state.

You may also offer to negotiate a deal and pay up your debt in installments.

This is however subject to acceptance by Cavalry Portfolio Services. You may visit them or reach them via the consumer portfolio services phone number to book an appointment.

If you reach an out of court settlement, the better for you since you will avoid the long court proceedings and the emotional turmoil that comes with it.

Among the complaints filed, there were some from debtors who were identity theft victims and whose ‘debt accounts’ had been erased by the court.

piggy-bankThe clients could not understand why after going through the emotional court proceedings to have those debts thrown out, Cavalry Portfolio Services had to suffice with debt collection papers.

In addition, some of the people targeted by Cavalry claim that they do not owe money to any individual or company.

This has happened several times with some individuals even offering to pay the unwarranted claims just to get the information off their credit scores.

Most of these complaints have fallen on deaf years as Cavalry SPV I LLC does not offer the information these clients require to understand where the debts are originating from.

There are numerous complaints against Cavalry by a number of consumers, some of whom already cleared their debts; others do not even recall the debts in question while in other cases, the organization provided invalidated information to the credit reference bureaus making life impossible for some members of the community.

If the Cavalry portfolio Services is negatively affecting your debt collection, you may employ the services of law firms to ensure the negative remarks are eliminated. Ensure that you use debt attorneys who are fully conversant with the law governing debt collection in your state for an effective and favorable outcome.