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scavenger debt collectors

Date: Sun, 09/13/2009 - 14:58

Submitted by crirby
on Sun, 09/13/2009 - 14:58

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Total Replies: 5


Is Cavalry Portfolios considered a "scavenger debt collector?


They but bundles of old debts that in many cases are beyond statute for pennies on the dollar and try to collect whatever they can however they can. They know the averages and work them. If they have to settle a suit now and then it is part of their cost of doing business. Generally they back off if they get a hard time!


lrhall41

Submitted by Frogpatch on Mon, 09/14/2009 - 07:58

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