Is Cavalry Portfolio Services, LLC calling you? Learn how to protect yourself!
Recent years have been debt grow 15% faster than household income. Today, the average American household has a $15,000 revolving credit card balance. When you take into consideration the fact that credit card interest has a median rate of 18%, these families are contributing nearly 9% of their annual income towards interest payments each year.
When they are unable to keep up, debt collectors will soon start calling, and not all of them rank consumer rights as a priority.
Your Rights Under the FDCPA
While debt collectors are allowed to contact you, the Fair Debt Collection Practices Act (FDCPA) makes it illegal for them to use pressure tactics like the following. If you are on the receiving end of such abuse, you can legally take action against the collector.
- Using profane and obscene language
- Trying to collect amounts that exceed the original debt
- Contacting you at work if you are not allowed to receive calls there
- Contacting you if they are aware that you are being represented by an attorney
- Maliciously reporting false information to the credit bureaus
- Threatening legal action they are not eligible to take or have no intention of taking
Company Profile: Cavalry Portfolio Services, LLC
Cavalry Portfolio Services, LLC is a debt collection agency located in Valhalla, New York. It was established in 2002 and is managed by its CAO, Alfred Brothers. Cavalry Portfolio Services, LLC has allegedly been the subject of 264 complaints to the Better Business Bureau in the last three years, and in 2016 the West Virginia Attorney General investigated complaints alleging that it was collecting debts without a West Virginia license and surety bond.
Records retained at the PACER (Public Access to Court Electronic Records) website indicates that Cavalry Portfolio Services, LLC, Inc has been accused of using debt collection methods that violate the FDCPA.
Alleged Violations against Cavalry Portfolio Services, LLC
According to PACER**, On or around September 7, 2011, Cavalry Portfolio Services, LLC called an Illinois resident about a debt it had been assigned to collect. She notified the collector that she had retained an attorney to file for bankruptcy and provided that attorney’s contact information.
Despite having this information, Cavalry Portfolio Services, LLC allegedly continued to contact her directly about the debt. She finally hired a consumer attorney and sued Atradius Collections, Inc for allegedly violating the FDCPA in the following ways:
- Continuing to contact her after receiving notice that she was represented by an attorney
- Using unfair and unconscionable means to collect a debt
The matter was later dismissed.
Hire an Attorney
The phone numbers for Cavalry Portfolio Services, LLC are:
If your phone rings and you see any of these number on your caller ID, it means that a debt collector may be trying to contact you. If they persist in contacting you about a debt included in a bankruptcy, hire a consumer attorney.
Such debts cannot legally be collected under the FDCPA, and you could potentially receive $1,000 per FDCPA violation as well as attorney's fees, court costs, and any actual damages. You have rights that debt collectors cannot violate, no matter how much you owe.
**Case taken from PACER (www.pacer.gov). File number is (Case: 1:11-cv-08824 from United States District Court for the Northern District of Illinois, Eastern Division)
The content of this article serves only to provide information and should not be con
strued as legal advice. If you file a claim against Cavalry Portfolio Services, LLC or any other third-party collection agency, you may not be entitled to any compensation.