Consumer complaint received 2026-02-24 00:00:00
Product: Debt collection — I do not know
Issue: Written notification about debt — Didn't receive enough information to verify debt
Company: CAVALRY INVESTMENTS, LLC
State: NV

Complaint narrative:
Cavalry Portfolio Services , LLC Customer Relations Department XXXX XXXX XXXX, XXXX XXXX XXXX, CT XXXX Re : Account # : XXXX To the Customer Relations Department : I am writing in response to your correspondence dated XX/XX/year>, regarding the above-referenced account. On XX/XX/year>, I sent a written dispute to your company pursuant to my rights under the Fair Debt Collection Practices Act ( FDCPA ), 15 U.S.C. 1692g. In that letter, I requested that you provide proper validation of the alleged debt, including proof that I owe this debt and that your company has the legal right to collect it. To date, you have failed to provide any meaningful validation. Instead, you sent me a letter on XX/XX/year>, which merely acknowledged my dispute and stated that you had " reviewed the dispute and verified the information. '' You provided no documentationno original contract bearing my signature, no account statements from the original creditor, and no proof of assignment or chain of custody showing that your company legally owns or has the right to collect this debt. Your letter does not constitute validation under the FDCPA. Furthermore, while your letter claims it is " not an attempt to collect a debt, '' you continue to report this unverified debt to consumer reporting agencies, negatively impacting my creditworthiness. This constitutes continued collection activity without having provided the legally required validation, in violation of 15 U.S.C. 1692g ( b ), which requires that you cease all collection activities until you mail the requested verification to me. Your actions also violate the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681s-2 ( b ). As a furnisher of information to credit reporting agencies, you have a duty to conduct a proper investigation upon receiving a dispute and to delete any information that can not be verified. By failing to provide actual documentation and continuing to report this debt, you have : Failed to conduct a proper investigation ; Reported inaccurate and unverified information ; and Continued to furnish information without reasonable cause to believe it is accurate. THE REQUIREMENT TO PROVE THIS IS AN ENFORCEABLE DEBT I demand that you prove this alleged debt is legally enforceable. Under the FDCPA and relevant case law, you must demonstrate not only that the debt exists, but that it is a true liability enforceable against me. This requires you to establish : That the debt is within the applicable statute of limitations. If this alleged debt is time-barred, it is not enforceable in court, and any attempt to collect on an expired debt without disclosing that fact violates the FDCPA 's prohibition on false or misleading representations. That you have standing to enforce this debt. As a debt buyer, you must demonstrate a complete and unbroken chain of title from the original creditor to your entity. Bare assertions of ownership without supporting documentation are insufficient. That the debt is supported by the original contract or agreement. Invoices and your own internal records do not establish that the amount claimed is truly a debt. By themselves, such documents are not sufficient to prove enforceability. That all required notices were provided to me under the original credit agreement and applicable state and federal law before any alleged default occurred. If you can not prove this debt is legally enforceable, you must cease all collection activity and remove it from my credit reports immediately. ADDITIONAL LEGAL AND FINANCIAL CONSIDERATIONS Regarding Form XXXX and Debt Cancellation I am aware that debt buyers such as Cavalry Portfolio Services are classified as " applicable entities '' under XXXX. XXXX ( c ) ( XXXX ) and are required to issue Form XXXX to the IRS when XXXX discharge a debt of {$600.00} or more. The issuance of a Form XXXX is triggered by an " identifiable event '' as defined in federal regulations. If you can not validate this debtmeaning you lack the documentation to prove I owe XXXX you logically can not have a reasonable basis for issuing a Form XXXX reporting cancellation of debt income to the IRS. It would be fundamentally unjust for a debt collector to profit from selling unverified debt portfolios while simultaneously creating tax liability for consumers on debts that were never properly validated. Debt that can not be validated can not reasonably be reported to credit reporting agencies, and attempting to collect on unverifiable debt violates the FDCPA. I am placing you on notice that any attempt to issue a Form XXXX for this alleged debt without first providing proper validation will be met with legal action, including complaints to the IRS Taxpayer Advocate Service and the FTC. Regarding Securitization and Chain of Title I am also aware of the common practice in the debt buying industry where collection accounts are pooled into portfolios and sold multiple times, often with minimal documentation. These portfolios may be sold as " bare accounts '' containing only basic information such as name, address, Social Security number, and balancewithout the underlying documentation necessary to prove the debt is valid or that the chain of title is complete. I therefore demand that you provide the complete chain of title for this alleged debt, including : The original contract or agreement between the original creditor and any prior owner of this debt. All bills of sale, assignments, or transfer documents showing the complete ownership history from the original creditor to Cavalry Portfolio Services , LLC. Proof that each entity in the chain had the legal authority to sell and assign this debt. The securitization agreements, if any, under which this debt was pooled, packaged, or transferred to investors. Without this documentation, you can not establish that you have standing to collect this debt or report it on my credit file. Debt buyers who purchase bare portfolios without supporting documentation can not later manufacture proof to validate a debt. DEMAND FOR VALIDATION AND IMMEDIATE ACTION Pursuant to my rights under federal law, I hereby demand that you immediately provide the following : A copy of the original signed contract or agreement with the original creditor establishing that I am legally obligated to pay this debt. Complete account statements from the original creditor showing all charges, fees, interest, and payments applied to this account from inception to charge-off. Proof that this debt is enforceable, including documentation establishing that it is within the applicable statute of limitations and not time-barred. The complete chain of title showing all transfers, assignments, or sales of this account from the original creditor to Cavalry Portfolio Services , LLC, including all bills of sale and assignment agreements. Proof that Cavalry Portfolio Services , LLC has the legal authority to collect this debt or report it on my credit file. A copy of your business license in my state, showing you are authorized to collect debts in my jurisdiction. A sworn affidavit from a corporate XXXX attesting to the accuracy and completeness of all documentation provided. Alternatively, if you can not provide the above documentation, you must immediately : Permanently cease all collection activities regarding this alleged debt. Request deletion of this trade line from all consumer reporting agencies ( Equifax, Experian, and TransUnion ) immediately. Provide me with written confirmation within XXXX ( XXXX ) days that this deletion has been requested and completed. Provide written assurance that no Form XXXX will be issued to the IRS for this alleged debt, as any such issuance without proper validation would be both inaccurate and actionable. INTENT TO SEEK DAMAGES Please be advised that your continued failure to comply with federal law is causing me harm, including but not limited to damage to my XXXX XXXX, emotional distress, and the time and expense of pursuing my rights. I am prepared to enforce my rights under the law. The FDCPA and FCRA provide for : Statutory damages of up to {$1000.00} per violation ; Actual damages for harm caused to my credit profile and emotional distress ; Recovery of attorney 's fees and court costs if I am forced to retain counsel. I am willing to resolve this matter without litigation if you comply with the demands above within XXXX ( XXXX ) days of your receipt of this letter. If you fail to provide proper validation and remove this account from my credit reports within that time, I will pursue all available legal remedies, including : Filing formal complaints with the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and my State Attorney General 's XXXX ; Filing a complaint with the IRS XXXX XXXX XXXX regarding any potential improper issuance of Form XXXX ; Initiating a lawsuit in [ Your County/State ] court seeking actual and statutory damages, plus attorney 's fees and costs, under XXXX U.S.C. XXXX and XXXX XXXX. XXXX. This letter is a formal dispute and a demand for validation. It is also notice that your continued reporting of this unverified debt is a violation of federal law. Sincerely, XXXX XXXX Without Recourse

Company response to consumer: Closed with explanation