Cavalry Portfolio Services is a debt collection agency that works for a variety of clients, primarily focusing on collecting debts related to consumer and commercial accounts. They don't publicly list every single client, as that would be a massive list and compromise client confidentiality. However, we can infer their client base based on the types of debt they pursue.
To understand who Cavalry Portfolio Services collects for, let's examine the types of debt they typically handle:
What Types of Debt Does Cavalry Portfolio Services Collect?
Cavalry Portfolio Services' collection activities cover a broad spectrum of consumer and commercial debts. While they don't explicitly state every type of debt, their work commonly involves:
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Credit Card Debt: This is a significant portion of their collection efforts, encompassing missed payments and outstanding balances on various credit cards issued by different banks and financial institutions.
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Medical Bills: Unpaid medical expenses from hospitals, doctors' offices, and other healthcare providers are frequently passed on to agencies like Cavalry Portfolio Services for collection.
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Telecommunications Debt: Outstanding bills from phone, internet, and cable service providers are another common source of debt they pursue.
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Retail Debt: Unpaid balances on store credit cards or purchases made through retail installment plans can also end up with Cavalry Portfolio Services.
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Student Loans: While less common than the above, they may handle some student loan debt collection, though this is often handled by more specialized agencies.
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Commercial Debt: This could include various business-related debts, such as unpaid invoices or outstanding loans to businesses. This aspect of their work is less frequently discussed publicly.
Who Are the Original Creditors?
The original creditors are the entities to whom the debt was originally owed. This could be any of the examples above and a vast number of others. Cavalry Portfolio Services acts as a third-party debt collector, meaning they purchase the debt from the original creditor (often at a discounted rate) and then try to recover the funds. Therefore, the who is extremely broad and encompasses a large and constantly shifting landscape of financial institutions and businesses.
How Can I Determine if Cavalry Portfolio Services is Collecting a Debt for a Specific Creditor?
Unfortunately, there's no publicly accessible database showing every creditor Cavalry Portfolio Services works for. If you are contacted by Cavalry Portfolio Services regarding a debt, the best way to determine the original creditor is to review the collection notice carefully. The notice usually identifies the original creditor, the amount owed, and the account number.
You can also contact Cavalry Portfolio Services directly and request this information.
Frequently Asked Questions (FAQ)
While the exact list of creditors remains confidential, the following FAQs address some common concerns:
What if I believe the debt Cavalry Portfolio Services is trying to collect is incorrect or outdated?
If you believe the debt is inaccurate, outdated, or that you have already paid it, you have the right to dispute the debt in writing. Follow the instructions provided in the collection notice, typically by sending a written dispute to the address given.
Can Cavalry Portfolio Services take legal action against me?
Yes, Cavalry Portfolio Services, like other debt collection agencies, can take legal action to recover the debt. This could include lawsuits and wage garnishment. However, they must adhere to the Fair Debt Collection Practices Act (FDCPA).
What are my rights under the Fair Debt Collection Practices Act (FDCPA)?
The FDCPA protects consumers from abusive debt collection practices. It outlines your rights, such as the right to dispute a debt, request validation of the debt, and limit the time and manner in which a debt collector can contact you.
This information is for general knowledge and should not be considered legal advice. Consult with a legal professional for any specific questions about your rights and the collection process.
