• Report: #138753

Complaint Review: Creditors Interchange On Behalf Of Cavalry Portfolio Services

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  • Submitted: Wed, April 13, 2005
  • Updated: Fri, April 15, 2005

  • Reported By:WINDSOR MILL Maryland
Creditors Interchange On Behalf Of Cavalry Portfolio Services
7 Skyline Drive, 3rd Floor, Hawthrone, Ohio U.S.A.

CAVALRY PORTFOLIO SERVICES Creditors Interchange On Behalf Of Cavalry Portfolio Services Terrorising Hawthrone New York

*Consumer Comment: oh my god the courts have ruled them to be still 3rd party and have to obey the FDCPA

*Consumer Comment: YOU SHOULDN'T HAVE PAID THEM A DIME

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I received a letter from Creditors Interchange stating that I owned $9,543.37 from a Mastercard. The debt was from Cavalry Portfolio Services,who Mr.Tony Little an employee of Creditors Interchange claimed purchased it from the Former Chemical Bank.

At this time, I should mention that my wife made the initial call after having to call national 411 to get the telephone number. Mr. Little was very rude and disrespectful to my wife so I took over the call.

I informed Mr. Little that I never had a Mastercard from Chemical Bank and could he provide me with additional information concerning the debt. Mr.Little started reading information from my credit report which had nothing to do with the debt.

When I told him that I had not given him permission to access my credit report and it was against the law for him to do so, he replied that it was against the law for me to breach the contract I signed for the credit card that I never had.

After a few more minutes of Mr. Little and me arguing about him accessing my credit report, he put our conversation on hold.

When I was removed from hold, Mr Lymon Mitchell, the supervisor was on the line with me. He said that he could help me because his client (Cavalry Portfolio Services) was about to sue me for the outstanding debt. The only information I was able to retrieve from Mr. Mitchell concerning the debt,is that the last activity shown on the card was March,1995.

My wife and I never received any letters or bills from Cavalry Portfolio Services in ten (10) years,until today when we received a letter in the mail from Creditors Interchange stating they are the representatives for Cavalry Portfolios.

Mr. Mitchell said if I could send $5,000.00 then the debt would be taken care of. I told him that I still need information and proper verification from Cavalry about this debt,like what was the date of issue for the credit card. He said he did not have the information and if I contacted Cavalry Portfolio Services, they would only refer me back to him. Although, Mr. Mitchell was not rude, he was threatening to sue me for the money and said I had no other choice but to pay the outstanding debt.

Ronald
WINDSOR MILL, Maryland
U.S.A.

This report was posted on Ripoff Report on 04/13/2005 10:15 PM and is a permanent record located here: http://www.ripoffreport.com/r/Creditors-Interchange-On-Behalf-Of-Cavalry-Portfolio-Services/Hawthrone-Ohio-10532/CAVALRY-PORTFOLIO-SERVICES-Creditors-Interchange-On-Behalf-Of-Cavalry-Portfolio-Services-T-138753. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
0Author 2Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

oh my god the courts have ruled them to be still 3rd party and have to obey the FDCPA

AUTHOR: Tom - (U.S.A.)


Dear (soon to be ) Plantiff:

My name is Tom and I have been a collector for 16 years. The agency that called you is not a creditor. Even if they bought the debt outright -the courts have ruled them to be still 3rd party and have to obey the FDCPA. Comanies such as these have gone to court 5 times to get legistlated as creditors and lost every single solitary case. They did not offer you credit and their sole basis is to collect debt. Nor did they 'take over ' the creditors entire operations -just the recievables end of some of the business.

Here is the thing with this case:

If these guys actually have the gall to call you to pay a debt -and access your credit report -and threaten to sue you - THEY HAD BETTER HAVE THE DIRECT EVIDENCE TO BACK IT UP.

Calling a consumer who doesnt owe a debt and proceed to do the above is beyond serious breaches of the Debt collection act. You can and should immediatly sue for class action damages in FEDERAL COURT -not small claims.

Hey, if u need help in sticking it to these guys and you really dont owe the debt - PLEASE REPLY and i will be glad to call these shitheads on your behalf, tape the phone call , as more evidence for your new windfall in court
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#2 Consumer Comment

YOU SHOULDN'T HAVE PAID THEM A DIME

AUTHOR: Sherri - (U.S.A.)

You should have told them to go ahead and sue...they wouldn't have and I'll tell you why:

1. They would have had to prove the "debt" in court, which is something they could not do.

2. If the last activity on the account was 1995, it was WAY past the Statute of Limitations.

These bottomfeeders prey on people by threats of litigation, garnishment of wages, etc. Actions that they cannot legally do. I just hope that your information doesn't get sold again and again to other bottomfeeders. Like a stray cat, if you feed them once, they keep coming back for more.

Calvary Portfolio seems to be getting worse and worse and I think people should start really complaining to their state Attorney General and to the local media. These actions got CAMCO shut down and it seems that Calvary Portfolio and their other "associates" need a bit of the same spotlight.
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