Sued by Cavalry SPV / Cavalry Portfolio Services in Wyoming? Here's What to Do Next
Wyoming RESPONSE DEADLINE
20 Days
from the date you were served
STATUTE OF LIMITATIONS
8 Years
for typical Cavalry SPV / Cavalry Portfolio Services debts in WY
WAGE GARNISHMENT
Allowed — up to 25%
Cavalry SPV / Cavalry Portfolio Services in Wyoming
Cavalry SPV / Cavalry Portfolio Services files fewer cases in Wyoming than in larger states — the CFPB Consumer Complaint Database shows no Wyoming complaints against Cavalry SPV / Cavalry Portfolio Services in the last 24 months. The legal playbook is the same: Cavalry SPV / Cavalry Portfolio Services must still prove they own the debt, the amount they claim is correct, and the 8-year Wyoming statute of limitations has not run.
About Cavalry SPV / Cavalry Portfolio Services
Cavalry SPV I LLC and Cavalry Portfolio Services are debt buying entities that purchase and collect on defaulted consumer debts. Cavalry has been involved in numerous consumer complaints and lawsuits alleging violations of the FDCPA. They are known for purchasing large portfolios of credit card debt and aggressively pursuing collection, including filing lawsuits in bulk across multiple states. Cavalry has faced regulatory scrutiny for their documentation practices and collection tactics.
Type: Debt Buyer. Common debt types: credit card, personal loan, retail credit.
CFPB Enforcement History
Cavalry SPV and Cavalry Portfolio Services have not been the subject of a major CFPB enforcement action. Cavalry is a smaller debt buyer than LVNV or Midland and its overall complaint volume is correspondingly lower. The same legal framework — the FDCPA, the FCRA, and state collection laws — still applies, and consumers retain the right to demand proof of ownership, dispute the amount, and raise the statute of limitations as a defense.
Wyoming-Specific Defenses Against Cavalry SPV / Cavalry Portfolio Services
Statute of Limitations Defense
In Wyoming, the statute of limitations for credit card debt is 8 years. If your last payment was more than 8 years ago, the debt is time-barred. Cavalry SPV / Cavalry Portfolio Services has been the subject of CFPB findings related to suing on time-barred debts — check your dates carefully and raise the SOL defense in your Answer.
Lack of Standing / Chain of Title
As a debt buyer, Cavalry SPV / Cavalry Portfolio Services must prove they actually purchased your specific account. Demand the complete chain of title — the purchase agreement, bill of sale, and assignment documents. In Wyoming courts, failing to produce this documentation can result in dismissal.
Challenge the Amount
Demand a complete accounting from the original creditor's last statement through the current claimed balance. Any unauthorized fees, post-charge-off interest, or collection costs not in the original agreement should be disputed line by line.
Wyoming Wage Garnishment Exemptions
Federal limits apply. 75% of disposable earnings or 30x minimum wage exempt.
Wyoming Consumer Protection Act
In addition to the federal FDCPA, Wyoming's Wyoming Consumer Protection Act may provide additional protections and remedies against Cavalry SPV / Cavalry Portfolio Services's collection practices.
Wyoming Court System
Small claims limit $6,000. Circuit court handles larger civil cases. District court for complex matters. Filing fees in Wyoming typically range $50-$200.
Common FDCPA Violations by Cavalry SPV / Cavalry Portfolio Services
- Filing lawsuits without proper documentation or chain of title
- Suing on debts past the statute of limitations
- Using robo-signed affidavits from employees without personal knowledge of account details
- Misrepresenting the amount owed by adding unauthorized fees
- Failing to respond to debt validation requests within statutory timeframes
Statute of Limitations in Wyoming
| Debt Type | SOL (Years) |
|---|---|
| Credit Card | 8 |
| Medical | 8 |
| Auto | 8 |
| Personal Loan | 8 |
| Written Contract | 10 |
| Oral Contract | 8 |
Frequently Asked Questions
Who is Cavalry SPV?
Cavalry SPV I LLC is a debt buying company that purchases defaulted consumer debts. Cavalry Portfolio Services is its affiliated collection entity. They buy debts from banks and credit card issuers and attempt to collect the full balance.
Is Cavalry SPV a legitimate company?
Cavalry SPV is a real company, but being legitimate does not mean they always follow the law. They have faced numerous FDCPA lawsuits and complaints for improper collection practices, including suing without proper documentation.
How do I fight a Cavalry SPV lawsuit?
File your Answer before the deadline, deny allegations you dispute, demand proof they own the debt, and raise any applicable defenses such as statute of limitations. Many Cavalry lawsuits can be defeated by challenging their documentation.
What if Cavalry SPV has the wrong amount?
Cavalry frequently inflates debt amounts with unauthorized fees and interest. In your Answer, dispute the amount owed and demand an accounting showing every charge from the original creditor through the current balance.
How long to respond in Wyoming?
20 days from service.
What is the SOL in Wyoming?
8 years for most debts. 10 years for written contracts.
Can wages be garnished?
Yes. Federal limits apply.
Where are cases filed?
Small claims up to $6,000. Circuit court for larger amounts.
What is the statute of limitations on debt in Wyoming?
Wyoming has one of the longest statutes of limitations on written contracts in the country: ten years under Wyo. Stat. § 1-3-105(a)(i). For oral contracts, it is eight years under § 1-3-105(a)(ii). However, most credit card cardholder agreements designate the law of another state (often Delaware, South Dakota, or Utah), and Wyoming courts can apply that state's shorter statute of limitations under choice-of-law principles or Wyoming's borrowing statute, Wyo. Stat. § 1-3-117. This means in practice, the effective limitations period for credit card debt in Wyoming is often three to six years, depending on the cardholder agreement. For installment loans, the clock generally starts ticking on each missed payment, although most courts treat the full balance as due once the lender accelerates the loan. If you are sued on an old debt, raise both Wyoming's limitations period and any shorter period from choice-of-law as defenses in your answer; the defense is waived if not raised.
How much of my wages can a debt collector take in Wyoming?
After a judgment, Wyoming follows the federal garnishment cap under Wyo. Stat. § 1-15-408. A creditor can take the lesser of 25% of your disposable earnings or the amount by which your weekly disposable earnings exceed 30 times the federal minimum wage. Disposable earnings means what is left after legally required deductions like federal taxes and Social Security, not voluntary deductions. Wyoming does not provide enhanced wage protections beyond the federal floor for general consumer debts. Government debts like child support, federal student loans, and taxes follow different and sometimes higher caps under federal law. Wyoming exempts certain categories of income entirely from garnishment, including Social Security, SSI, veterans benefits, unemployment compensation, workers compensation, and most retirement benefits. You can file a claim of exemption with the court using the form provided with the garnishment notice. Active-duty servicemembers have additional protections under the federal Servicemembers Civil Relief Act.
Is a debt collector required to be licensed in Wyoming?
Yes. Under Wyo. Stat. § 33-11-101 et seq., collection agencies operating in Wyoming must be licensed by the Wyoming Collection Agency Board, a regulatory body that oversees collection agency conduct, and must post a surety bond. You can verify a collector's status by contacting the Wyoming Collection Agency Board, which operates under the Wyoming Department of Audit. If a collector contacting or suing you is not licensed and bonded as required, that itself is a violation and can support a complaint to the Board, the Attorney General's Consumer Protection Unit, and potentially a defense in a collection action. The licensing requirement applies to third-party collection agencies and debt buyers collecting in their own name. Original creditors collecting their own debts are not required to be licensed, although they are still subject to general consumer protection law. Operating as an unlicensed collection agency in Wyoming is also subject to civil penalties and potentially criminal sanctions.
I was sued in Wyoming small claims court. What should I do?
Wyoming small claims court, under Wyo. Stat. § 1-21-201, handles civil cases up to $6,000. The procedure is faster and less formal than circuit court or district court. The summons will tell you a specific court date. Show up. If you fail to appear, the court will enter a default judgment for the collector. Bring any documents you have, including the original contract if available, payment records, and any communications from the collector. Make the debt buyer prove they own the debt by asking the judge to require the bill of sale, the chain of assignments from the original creditor to the current plaintiff, and the original cardholder agreement. Many small claims debt buyer cases collapse when the plaintiff appears with only a one or two page affidavit. Raise affirmative defenses orally, including statute of limitations, lack of standing, failure to be licensed under the Wyoming Collection Agency Act, and federal FDCPA violations. Either party can appeal a small claims judgment to circuit court within a short timeframe.
Can I sue a debt collector in Wyoming for violations?
Yes. The federal Fair Debt Collection Practices Act, 15 U.S.C. § 1692k, allows you to sue an abusive third-party debt collector for actual damages, statutory damages up to $1,000 per lawsuit, and attorney fees and costs. Common violations include calling repeatedly, calling at unreasonable hours (before 8 a.m. or after 9 p.m. local time), threatening lawsuits the collector does not intend to file, misrepresenting the amount or character of the debt, contacting third parties about your debt, and continuing to collect after a written cease and desist or written dispute. The Wyoming Consumer Protection Act, Wyo. Stat. § 40-12-101 et seq., provides additional remedies under state law for deceptive practices in consumer transactions, and § 40-12-108 creates a private right of action. The Wyoming Collection Agency Act provides administrative remedies through the Wyoming Collection Agency Board. Keep records of every call, every letter, and every voicemail. The one-year FDCPA statute of limitations runs from the date of the violation, so do not wait to consult a consumer protection attorney.
Sued by Cavalry SPV / Cavalry Portfolio Services in Another State?
Cavalry SPV / Cavalry Portfolio Services files cases nationwide. Select your state for the response deadline, statute of limitations, and state-specific defenses.
Sued by a Different Collector in Wyoming?
The 20-day Wyoming response deadline applies no matter who sued you. Pick the creditor on your summons for creditor-specific defenses.
This page summarizes public information from the CFPB Consumer Complaint Database, CFPB enforcement records, and Wyoming state law. It is not legal advice. Statutes and court rules change — consult a licensed attorney in Wyoming for guidance on your specific case.
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