About Cavalry Portfolio Services According to its website, “Founded in 2002, Cavalry is a leader in the acquisition and management of non-performing consumer loan portfolios.” Cavalry regularly files credit card lawsuits on credit card debts they have purchased. Cavalry often files suits under the name Cavalry SPV, LLC. Is Cavalry Portfolio Services a Scam? Cavalry […]
Citibank Credit Card Lawsuit
Crown Asset Management Credit Card Lawsuit
Will Discover file a Credit Card Lawsuit Against Me? Discover will file suit to collect on a defaulted credit card debt. When a consumer stops paying their credit card balance, the debt will typically be “charged-off” after approximately 180 days. After charge-off, some creditors will make in-house collection efforts by making calls or sending written […]
Jefferson Capital Systems Credit Card Lawsuit
Midland Funding LLC Credit Card Lawsuit
Portfolio Recovery Associates Credit Card Lawsuit
Target National Bank Credit Card Lawsuit
Charged off debt means an account is closed to future charges, but a creditor may still attempt to collect the debt and may still be able to file a lawsuit.
What is the Fair Debt Collection Practices Act (FDCPA)? The Fair Debt Collection Practices Act is a federal law enacted to “eliminate abusive debt collection practices by debt collectors, to insure that those debt collectors who refrain from using abusive debt collection practices are not competitively disadvantaged, and to promote consistent State action to protect […]