Cavalry SPV I, LLC is a fairly standard debt buyer. They purchase old accounts that have been charged off to loss by the original creditor. I have fought Cavalry SPV I, LLC in court before. On August 27, 2013, I tried the case “Cavalry SPV I, LLC v. Andry” in the District Court of Mobile County, Alabama, and won a judgment for the defendant. That lawsuit was brought on an account allegedly owed to CitiFinancial for about $3,000. Now it is gone forever.
If you have received a summons from Cavalry SPV I, LLC, be sure to answer the lawsuit. Cavalry SPV I often doesn’t send collection letters or make phone calls before suing you, so some people assume that the summons is bogus or a scam. Whatever else they might be, Cavalry SPV I, LLC is not a scam! If you read my articles, you know that I will tell you if an outfit is a scam or not, and Cavalry SPV I is not. They are a real debt buyer and if you get a summons from them, it is a real lawsuit and if you don’t answer, they will get a default judgment against you and that will enable them to place liens on your property and garnish your wages and bank accounts. Trust me: you don’t want a default judgment against you.
Fortunately, Cavalry SPV I, LLC is not hard to beat in court if you have the right lawyer on your side.