Collection agencies buy debts from creditors or they collect debts on behalf of creditors on commission basis. Creditors normally hand over the debts to collection agencies such as Cavalry Portfolio, which they were unable to collect from consumers. Whenever you locate Cavalry Portfolio collection agency contacting you for the recovery of old debts then it means that now they have taken the rights to collect debts.
It could also add negative marks to your Jane Rubin credit report which would result in bringing your credit score down and low. A low credit score would put you in troubles to apply for mortgages, loans or credit cards.
Taking the services of credit repair firms is a plus. Many people find it troublesome to deal with collection agency then they might hire some credit repair firm to act on their behalf in wiping out the negative marks created by Cavalry. Evaluate the trustworthiness of the credit repair firm prior to take their services as many credit repair firms are reported to be engaged in fraudulent actives in recent few years.
If you find the negative marks created by Cavalry Portfolio illegitimate or incorrect then the ideal thing is to dispute the debts without any delay. If you get success in your dispute then credit bureaus would remove the debts and all associated negative marks from your credit report which would enable you to regain your positive credit score.
If Cavalry Portfolio comes after debts which have passed the age according to Fair Credit Reporting Act (FCRA) then they are not supposed to contact you. If they try to contact then urge them not to create any disturbance and hassles as you do carry the authority to take collection agency in court if they contact you at this span of time.