Debt buyer profile
Also known as: Cavalry Portfolio Services, Cavalry SPV, Cavalry Investments, LLC
Last reviewed 2026-07-06 · By John DiSalle, founder of Answered
Quick answer
Cavalry SPV I LLC is a Connecticut-based debt buyer that purchases charged-off consumer debt portfolios — primarily credit-card accounts — from major banks and financial institutions. It still has to connect the lawsuit to your account, the claimed amount, and the state deadline — the safest first step is to check the response window before reading deeper background.
Cavalry SPV I LLC is a Connecticut-based debt buyer that purchases charged-off consumer debt portfolios — primarily credit-card accounts — from major banks and financial institutions. Cavalry Portfolio Services LLC serves as its affiliated servicer, and the CFPB complaint database records the family's complaints under the affiliated entity Cavalry Investments, LLC. Cavalry is known for high-volume debt-collection litigation across the United States.
Corporate structure
Cavalry SPV I LLC is an independent debt buyer with no publicly documented parent company.
Common original creditors whose accounts Cavalry SPV I LLC has purchased include: Citibank, HSBC, Bank of America, Chase, Capital One, GE Money Bank, Washington Mutual.
Is it legit?
Cavalry SPV I LLC is a real debt buyer and collector operating since 1998, headquartered in Greenwich, CT — not a fake company or a phishing scam. But "legitimate" is not the same as "proven." A debt buyer that sues still has to prove it owns your specific account and the exact amount it claims before a court can rule against you. If you were served, treat the lawsuit seriously: check your deadline first, then make Cavalry SPV I LLC document ownership, the amount, and timing before you admit anything or pay.
Proof checklist
A debt-buyer profile is useful only if it helps you act on the papers in front of you. Start with deadline and court track, then review these proof points before default pressure becomes the main issue.
Common issues to review may include whether the plaintiff can prove ownership chain, amount, standing or authority to sue, account documents, timing, service, and assignment paperwork. Answered helps you preserve and organize issues for review; it does not decide what arguments you should make. Consumer debt lawsuit defense in 32 states. Start free — Answered checks whether it can build your defense before you pay anything. Check your deadline free before any paid packet decision.
Court filing data
The Massachusetts Trial Court publishes filing counts for the state's top consumer-debt plaintiffs. Cavalry SPV filed 3,329 consumer debt cases there in 2025 — 2.3% of every consumer debt case filed in the state that year.
Cavalry SPV filings in Massachusetts
2019: 5,148 cases (5.4% of all consumer debt cases)
2023: 5,194 cases (5.6% of all consumer debt cases)
2025: 3,329 cases (2.3% of all consumer debt cases)
Scope: Massachusetts Trial Court "consumer debt" cases: civil consumer revolving credit, small claims (plaintiffs filing 2+ actions), civil foreign judgments, and other civil money actions where a company sued an individual. 2025 figures include Superior Court actions. Source: Massachusetts Trial Court, Department of Research and Planning (retrieved 2026-07-13). One state's official data — filing patterns differ by state; more states will be added as official datasets are published.
Your next steps
Product preview
One product, one decision: check your deadline and proof issues free, then unlock the $99 Full Defense Packet when you are ready to respond — the court-ready Answer, your full proof-issue report, filing and service checklists, workspace tools, and email support. Pay once — no subscription. The Full Defense Packet - $99 includes proof-review tools and next-step planning for Cavalry SPV I LLC cases.
LVNV: assignment chain, Resurgent servicing role, and account-level sale proof.
Midland: account-level purchase records, balance support, and arbitration clues.
Portfolio Recovery: ownership records, account schedule, and itemized balance support.
Other debt buyers: standing, amount, account documents, timing, and service issues.
Common issues to review may include whether the plaintiff can prove ownership chain, amount, standing or authority to sue, account documents, timing, service, and assignment paperwork. Answered helps you preserve and organize issues for review; it does not decide what arguments you should make.
Check my deadline freeDeadline found
Your answer deadline
Plaintiff
Cavalry SPV I LLC
Documents
Answer + next filings
Case preview
State-specific defense guides
Frequently asked questions
Who is Cavalry SPV I LLC?
Cavalry SPV I LLC is a debt buyer based in Greenwich, Connecticut, that purchases charged-off credit-card and other consumer debts from major banks. Its affiliated servicer, Cavalry Portfolio Services LLC, manages collections and litigation. Cavalry is one of the more litigious debt buyers nationally.
Why is Cavalry SPV I LLC suing me?
Cavalry purchased your charged-off account from a bank or financial institution and is now using the court system to collect. Cavalry is known for filing a high volume of collection lawsuits and pursuing cases aggressively.
Has the CFPB taken enforcement action against Cavalry?
No. As of mid-2026, the CFPB's public enforcement database lists no action against Cavalry SPV I, Cavalry Portfolio Services, or Cavalry Investments — claims of a large CFPB penalty against Cavalry circulate online but do not check out against the Bureau's own records. Do not confuse Cavalry with Encore Capital or Portfolio Recovery Associates, which did face 2015 CFPB actions. Cavalry remains fully subject to the FDCPA and state collection laws, and no enforcement history is required for you to make it prove its case.
How many CFPB complaints does Cavalry have?
In Answered's CFPB complaint study, complaints recorded under Cavalry Investments, LLC total 4,256 from 2013 through 2025, including 813 in 2025 — a fraction of the volume drawn by Encore/Midland or Portfolio Recovery, consistent with Cavalry's smaller portfolio. Complaints are consumer-submitted reports, not verified findings of wrongdoing.
Can I use the statute of limitations as a defense against Cavalry?
Yes. Cavalry buys older charged-off portfolios, so check the dates carefully: if the limitations period in your state has run since your last payment or the charge-off, raise it as an affirmative defense in your Answer. Under the CFPB's Regulation F, suing — or threatening to sue — on a time-barred debt is itself a violation.
How do I challenge Cavalry's right to sue me?
Raise lack of standing as an affirmative defense, requiring Cavalry to produce a complete chain of assignment from the original creditor. Courts have dismissed Cavalry cases where the plaintiff could not produce account-level documentation showing a valid, unbroken assignment.
What happens if I ignore a Cavalry lawsuit?
A default judgment will be entered against you, which Cavalry can then use to garnish wages or levy bank accounts. Filing a timely Answer — denying the claim and raising your defenses — is essential to protecting yourself even if you ultimately intend to negotiate a settlement.
State defense guides
Answered helps you find your deadline, identify possible issues in the plaintiff’s papers, and draft a filing-formatted Answer. One unlock if your case fits: Full Defense Packet - $99 — everything included.