Cavalry SPV is collecting auto loan debt in Maryland where the statute of limitations is 3 years. Average auto loan debt: $23,792. Garnishment limit: 25% of disposable earnings or $145/month (lesser).
3 years
Statute of Limitations
$23,792
Average Auto Loan Debt
25% of disposable ea
Garnishment Limit
Known Cavalry SPV Violations
Filing lawsuits without proper documentation
Misrepresenting amount owed due to added fees
Failing to dismiss cases when debt is validated as incorrect
Dispute Strategies
Challenge deficiency balance after repossession
Verify the sale was commercially reasonable (UCC requirement)
Dispute if proper repossession notice wasn't given