Consumer complaint received 2018-06-02
Company: CAVALRY INVESTMENTS, LLC
State: OR
Product: Debt collection
Sub-product: Credit card debt
Issue: Written notification about debt
Sub-issue: Didn't receive enough information to verify debt

Complaint:
Problem : Credit Card Company that I owned the debt to was " XXXX XXXX XXXXXXXX '' by XXXX XXXX XXXX ( XXXX XXXX XXXX XXXX Parent Company ) has been dissolved and I have no remedy to delete the over due collections from my Credit Reports issued by third party debt buyer shown as ( Cavalry ) on my Credit Reports by XXXX , XXXX and XXXX XXXXplaced by unresponsive third party debt buyer to XXXX XXXX XXXX ( s ) - ( Cavalry XXXX XXXX XXXX XXXX , XXXX   XXXX. ). 


Debt is too old to collect - I am an XXXX  State Resident. XXXX Law only allows total of 6 years of debt collection instead of the Federal 7. The Fair Credit Reporting Act ( 15 USC 1681 ( t ) allows States Laws and Demands Credit Bureaus and Collection Companies obey-as the XXXX Law ORS 12.080 ( 4 ) is not in " Sharp '' contrast to the Federal Law on limit of years of Debt Collections. XXXX State-6 Years/Federal 7 Years. 

In XXXX Law per Collection Law ( s ) held in Contract Law area of the XXXX   Revised Statues ( XXXX XXXX ( 4 ) and ( XXXX XXXX ( 1 ) this debt originally by XXXX XXXX XXXXXXXX is over the allowed 6 year period of collection activity- defined start date of collection for the 6 years from my last payment to Credit Card Company ( XXXX XXXX XXXXXXXX-XXXX XXXX Parent Company XXXX XXXX XXXX ) in the Fall of XX/XX/XXXX-Illegal and too old by XX/XX/XXXX-Charge Off was XX/XX/XXXX. 

Problem is the third party debt buyer : XXXX XXXX XXXX XXXX XXXX, XXXX XXXX ( Collection Agency ) ( {$890.00} ) Charge Off XXXX XXXX XXXX-XX/XX/XXXX Charge Off ) -Refuses to obey XXXX Law ( s ) in Collection as directed by Fair Credit Reporting Act 15 USC 1681 ( t ) ( i ) ( u ) - 15 USC 1681 ( t ) Obey State Laws Section of the Act and give fair investigation of my dispute concluded within 30 days -All described in the Fair Credit Reporting Act 15 USC 1681. 

XXXX  Laws give residents a break from the Federal 7 Year term on Collection Activity down to ( " Commenced '' Collections Activity Period within ( 6 ) Years PER XXXX XXXXXXXX ( 4 ) -Defined Start Date in Stipulated Language excludes later dates of sale to third party debt buyers such as Cavalry in and defined by XXXX XXXXXXXX ( 1 )  from my Last Credit Card Payment which would have been Fall XX/XX/XXXX.-Illegal Collect from XXXX Resident by XX/XX/XXXX. 

So if XXXX State Law states too old collect- Must delete from XXXX , XXXX  and XXXX XXXX-Not Current Collection in their Adverse Accounts Sections. Failure to obey the Federal Fair Credit Reporting Act ( 15 USC 1681 ) within 30 Day Dispute Time has caused dip in my FICO Score to dip and a denial from XXXX XXXXXXXX XXXX   for a Credit Card in XX/XX/XXXX. 

Confusion-Cavalry reported on all three Major Credit Reports- till they sent me a XXXX XXXX  XXXX XXXXXXXX XXXX  XXXX statement onXX/XX/XXXX Letter - debt was from another Company- XX/XX/XXXX Credit Card instead? -However the  statement-mailed me a copy of my XXXX XXXX XXXX XXXX held under ( RXXXX XXXX XXXXXXXX ) owned by parent company XXXX XXXX XXXX XXXX XXXX Mailing address ( XXXX XXXX XXXX Address -Mail Forward Stopped : XXXX XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX, XXXX  XXXX ) I received return mail from this address in my efforts to remedy this expired collection. 

Defunct -Merged Out Credit Card Company `` XXXX XXXX XXXXXXXX '' by XXXX XXXX XXXX XXXX XXXX Charge Off XX/XX/XXXX bought for Collections by third party Cavalry XXXX XXXX XXXX XXXX, XXXX XXXX during negotiations for Company Merger from XXXX XXXX XXXX XXXX to XXXX. 

Company Merger-Failed Notices to Consumers : I as the Consumer do not have a remedy the company is Dissolved-or access to that Merger Temporary Agreement ( XX/XX/XXXX ) or Final Merger Documents ( XX/XX/XXXX ) to see how they handled stock and Charge Off Debt to Company Transfer. from XXXX XXXX XXXX XXXX to XXXX. 

My Internet Research shows current address for XXXX Customer Service XXXX XXXX XXXX XXXXXXXX, XXXX XXXX. I have wrote them a letter this week after receiving the returned mail from XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX. 

Further Facts who owns the debt-I am way confused? : Website : XXXX stated XXXX XXXX XXXXXXXX for XXXX XXXX XXXX   was bought on XX/XX/XXXX by XXXX from XXXX XXXX XXXX. So where does the consumer go to remedy this problem with a Collection Agency failing XXXX Collection Laws from a debt bought from now defunct Company XXXX XXXX XXXX? The Collection Agency Cavalry-Blaming XXXX XXXX XXXX-claiming owned by XXXX XXXXXXXX a different company but no evidence of that Company Merger of XXXX XXXXXXXX into XXXX and away from XXXX-to remedy this collection that must be deleted on XXXX, XXXX and XXXX XXXX as too old to legally collect per XXXX State Collection Law ( s )? 

XXXX Secretary of State website shows Entity : XXXX XXXX XXXX XXXXXXXX XXXX.-Surrender XX/XX/XXXX. There process address was listed in XX/XX/XXXX as the following : XXXX XXXX XXXX XXXX XXXX, XXXX  XXXX. 

I need mediation assistance to Collection Agency Cavalry XXXX XXXX XXXX XXXX, XXXX   XXXX. Fail to Obey XXXX Law ( s ) in Collection by a Collection Agency. Also to figure out who to contact for the original debt. 

I am unsure which XXXX XXXX Company is theirs as a whole list and very few in XXXX, XXXX XXXX for the Collection Agency Cavalry. 

Selected Entity Name : XXXX XXXX XXXX XXXX Selected Entity Status Information Current Entity Name : XXXX XXXX XXXX XXXX DOS ID # : XXXX Initial DOS Filing Date :XX/XX/XXXX County : XXXX Jurisdiction : XXXX Entity Type : XXXX XXXX XXXX XXXXY Current Entity Status : ACTIVE Selected Entity Address Information DOS Process ( Address to which DOS will mail process if accepted on behalf of the entity ) XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, XXXX XXXX, XXXX AND Another Possibility : Selected Entity Name : CAVALRY PORTFOLIO SERVICES , LLC Selected Entity Status Information Current Entity Name : CAVALRY PORTFOLIO SERVICES , LLC DOS ID # : XXXX Initial DOS Filing Date : XX/XX/XXXX County : XXXX Jurisdiction : XXXX Entity Type : XXXX XXXX XXXX XXXX   Current Entity Status : ACTIVE Selected Entity Address Information DOS Process ( Address to which DOS will mail process if accepted on behalf of the entity ) XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, XXXX Registered Agent XXXX XXXX XXXX  XXXX XXXX XXXX XXXX XXXX, XXXX XXXX, XXXX Thank You for your time in this matter.

Company response to consumer: Closed with explanation