Cavalry SPV: Who They Are and How to Respond

Who Cavalry SPV is — the verifiable facts

• Legal name: Cavalry SPV I, LLC / Cavalry Portfolio Services, LLC
• What they are: A debt buyer — they purchase and own the accounts they collect.
• What they collect: Charged-off credit card debt purchased from major banks — institutions identified in court records include Citibank, HSBC, Bank of America, and Chase (as successor to Washington Mutual) — plus personal loans and telecom accounts.
• Headquarters: Valhalla, New York (500 Summit Lake Drive, Suite 400, Valhalla, NY 10595)
• Mailing address for written disputes: 500 Summit Lake Drive, Suite 400, Valhalla, NY 10595

Company details and addresses are as reflected in public records as of June 2026 and can change; when you mail anything, mirror the address printed on the notice you actually received — that address controls for your account.

Cavalry operates as a two-entity pair, both formed as Delaware LLCs in 2002 and sharing the Valhalla, New York address: Cavalry SPV I, LLC is the debt-buying entity that owns the accounts and appears as plaintiff in lawsuits and on credit reports, while affiliated Cavalry Portfolio Services, LLC handles the servicing and collection. (A common misspelling is “Calvary.”)

That distinction — debt buyer, not hired collector — changes how to read the letter. Cavalry SPV (or an affiliated entity) purchased the account, typically as part of a portfolio acquired at a discount, and now owns the right to collect it. The original creditor is out of the picture. That makes two questions decisive before anything else: can they document that they own your specific account, and can they produce the underlying paperwork — the signed agreement and the itemized history? Those are exactly the demands a § 1692g validation letter makes.

Your rights in the first 30 days

Federal law front-loads your leverage. Under 15 U.S.C. § 1692g, if you dispute the debt in writing within 30 days of receiving the validation notice, Cavalry SPV must cease collection until verification is mailed to you. Under 12 C.F.R. § 1006.26 (Regulation F), no collector may sue or even threaten to sue on a time-barred debt — a strict-liability rule. And under 15 U.S.C. § 1692e, misrepresenting the legal status or amount of a debt is itself a federal violation. None of these rights depends on whether you owe the money.

How to respond — the right first move

One certified letter does all the work: it disputes the debt in writing (preserving the § 1692g pause), demands the itemized history, the signed agreement, and proof of authority to collect — including the chain of assignment showing Cavalry SPV owns your specific account, and states plainly that nothing in it acknowledges the debt or waives any defense. Send it certified mail, return receipt requested, keep the green card, and say nothing of substance on the phone until the response arrives. The preview below shows how it opens.

Check the dates before anything else

The owner/servicer split is the pressure point: when Cavalry SPV sues, it must prove it owns YOUR specific account through a documented chain of assignment from the original bank — the exact paperwork a written validation demand asks for on day one, long before any courtroom.

Every state caps how long a collector has to sue — and in most states a payment or signed acknowledgment can restart that clock. Before any payment on an older account, run the dates against your state’s rules: see our debt statute of limitations by state guide.

If they sue

Respond — always. Most collection suits end in default judgments because the consumer never answers, and a default converts a contestable claim into a garnishable one. Answering puts ownership documentation, itemization, and any limitations defense squarely in play, and your dated validation letter becomes Exhibit A: proof you demanded the paperwork before they filed. For the validation mechanics in depth, see our debt validation letter guide and the assignment-documentation playbook.

Run your deadline, see the letter