- Report: #311545
Report - Rebuttal - Arbitrate
Complaint Review: Cavalry Portfolio Services
Cavalry Portfolio Services7 Skyline Drive, Floor 3 Hawthorne, New York U.S.A.
Calvary Portfolio Services Garnished wages and joint bank accounts for auto loan defaulted in 1999 Hawthorne New York
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Not only did they deplete the account, but took my husband's funds as well without notification. My husband has no involvement; especially since we were not together until 2000. Cavalry states I owe over $35,000! They got a judgement for a principal balance of $13,000 and added over $24,000 of interest on top of that. From my research, they obtained my defaulted note in 2004. I have contacted them several times, they will not take off the interest and have made my life a complete hell. Is this legal to charge all that interest?
What can I do besides pay the $35,000? Is there a way to only pay the principal? I could lose my new job and security clearance because of this! And they don't even care!!
This report was posted on Ripoff Report on 02/24/2008 09:24 AM and is a permanent record located here: http://www.ripoffreport.com/r/Cavalry-Portfolio-Services/Hawthorne-New-York-10532/Calvary-Portfolio-Services-Garnished-wages-and-joint-bank-accounts-for-auto-loan-defaulted-311545. 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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