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Regent Asset Management Solutions - Does this CA really scam you?

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i received a call from 866-847-4539 yesterday with no msg---then again today wth no msg---when i call the number a recording says you have reached the legal department of regent asset managemtn solutions then sayd if you would like to make a payment u can go to a website they list, or there is an option if u have recently been given a garnishment on ur payroll or bank account or u can hold for a rep....anyone know anything about this place....i have nt recieved any letters and have not heard of this comp b4 or been left a msg.....




i have read stuff online about this company stating that they sue people pretty quickly....are you saying thats not true?i have already paid them @ $700.

Sub: #31 posted on Mon, 10/26/2009 - 16:22

mandymyr mandymyr

(Posts: 31 | Credits: )

yes, there is a call center in Overland Park, KS. If anyone needs the address it's 865 W. 96th St. Suite 100 Overland Park KS 66212. They are scammers with agents at the call center that make a commission by using scare tactics to get you to pay. I've done some research on them and they seem pretty shady. Why would you never receive a letter from the collection agency but you will receive demanding phone calls at your employer or home for money? They won't take direct payments but they will take a bank account for ATF. Be sure to research the federal trade commission rules. If they say they want to refer your account to an attorney, let them. If you go to get summons to court, fine, go. What will a judge say to you when you tried to make your payments and the arrangements were unreasonable? Just remember this company got paid for your account and will use any means necessary to try to collect.

Sub: #32 posted on Tue, 10/27/2009 - 13:12

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You do not have to hire a lawyer there is a firm that specializes in these types of suits.
Just call Legal Helpers 800-379-0688 I am using them and there is no fee they just take $400 plus 40% of any award they get and you get the rest.

Sub: #33 posted on Wed, 10/28/2009 - 11:04

Unregistered


"You have defaulted on your US Bank account in the amount of $xx. Pursuant to your contractual agreement, interest has accrued in the amount of $xx. You currently owe $xx.

To assist in settling this matter, Regent is currently willing to waive half of the accrued interest on your account and accept $xx as payment in full. If you are willing to accept these settlement terms, please contact Regent's office immediately at 1-866-WE R SCUM.

If you have not contacted Regent to discuss this settlement offer within 14 days, I will begin preparing your case for a lawsuit to be filed in "your county" by investigating your employment, assets and banking information. If it is necessary to have court enforce this contract, court costs and attorney fees will be added to the amount you owe and the settlement offer will be revoked."

The few things that really stand out and bother me about this letter:

1. 14 day window to respond
2. It was postmarked in Las Vegas, even though the return address is CA.
3. It is D Scott Carruthers letterhead, but the letter repeatedly indicates it is Regent. I assume they are one in the same.


I recieved this letter yesterday, read up on a few sites about the situation, and have a few questions. I am no expert (obviously), but isnt this letter in violation of a few of the FDCPA provisions? I had gotten a letter a few years ago,(paid it without researching though), that had information about disputing. If they are in violation, would they be liable for $1,000 to every one of us who recieved this letter.

? 809. Validation of debts
(a) Within five days after the initial communication with a consumer in connection with the collection of any debt, a debt collector shall, unless the following information is contained in the initial communication or the consumer has paid the debt, send the consumer a written notice containing—
(3) a statement that unless the consumer, within thirty days after receipt of the notice, disputes the validity of the debt, or any portion thereof, the debt will be assumed to be valid by the debt collector;
(4) a statement that if the consumer notifies the debt collector
in writing within the thirty-day period that the debt, or any portion thereof, is disputed, the debt collector
will obtain verification of the debt or a copy of a judgment against the consumer and a copy of such verification or judgment will be mailed to the consumer by the debt collector;


Also, if I send a DV, how do I prove what I sent, besides the certifed mail. I mean that just shows I sent something, how do i prove what the letter said. Ive posted this on a few sites to try to get some opinions, no replys yet.

Sub: #34 posted on Wed, 10/28/2009 - 17:26

Unregistered


Quote:
Originally Posted by Anonymous
...please contact Regent's office immediately at 1-866-WE R SCUM.


LMAO! ;)


Quote:
Originally Posted by Anonymous
Also, if I send a DV, how do I prove what I sent, besides the certifed mail. I mean that just shows I sent something, how do i prove what the letter said. Ive posted this on a few sites to try to get some opinions, no replys yet.


Get your certified mail forms from the Pest Orifice before you print the letter. Then, reference the certified # in the letter, like this:

Quote:

Bottomfeeder Collections
1234 Scum Pond
Cesspit, NJ

Date:

Re: Acct # XXXX-XXXX-XXXX-XXXX
Via: Certified Mail, #xxxx-xxxx-xxxx-xxxx-xxxx


Print a copy of the letter for your files, and keep it and the certified form together. Add in the Return Receipt postcard when it comes back. It's not an airtight, perfect solution, but it is the best I've come up with to date.

Sub: #35 posted on Wed, 10/28/2009 - 18:35

unclewulf unclewulf
Moderators
(Posts: 3172 | Credits: )

I received a letter also, so I contacted US Bank where my old account was and they did verify my account was handed over to Regent, providing phone numbers and ext. I am a bit confused after reading all of this. Is there anyone out there who has paid monies to them and had a good outcome?

Sub: #36 posted on Thu, 10/29/2009 - 16:48

Unregistered


The few things that really stand out and bother me about this letter:

Quote:
1. 14 day window to respond

Is this the first correspondence from them or have you received a previous dunning letter? If you have already received their initial dunning letter, then your 30 day right to dispute has already lapsed. If this is your first correspondence, then this is a clear FDCPA violation.

Quote:
2. It was postmarked in Las Vegas, even though the return address is CA.
3. It is D Scott Carruthers letterhead, but the letter repeatedly indicates it is Regent. I assume they are one in the same.


Not relevant

Sub: #37 posted on Thu, 10/29/2009 - 20:22

NASCAR_Devil NASCAR_Devil
Moderators Cum Industry Expert
(Posts: 4671 | Credits: )

This was the first contact with them. They are suppose to leave directions on how to dispute the debt also, arent they? Has anyone gotten a reply to a DV? Gone to court with them? Actually sued? Most importantly sued and won?

Sub: #38 posted on Mon, 11/02/2009 - 05:20

Unregistered


Quote:
Originally Posted by mandymyr
i received a call from 866-847-4539 yesterday with no msg---then again today wth no msg---when i call the number a recording says you have reached the legal department of regent asset managemtn solutions then sayd if you would like to make a payment u can go to a website they list, or there is an option if u have recently been given a garnishment on ur payroll or bank account or u can hold for a rep....anyone know anything about this place....i have nt recieved any letters and have not heard of this comp b4 or been left a msg.....



I got referred to them after going through and talking to two other different collection agencies. Although that's not the same phone number I have... I don't think this is a scam because I talked to someone directly, but who knows... :/

Sub: #39 posted on Tue, 11/10/2009 - 14:49

Unregistered


Quote:
Originally Posted by Anonymous
I received a letter also, so I contacted US Bank where my old account was and they did verify my account was handed over to Regent, providing phone numbers and ext. I am a bit confused after reading all of this. Is there anyone out there who has paid monies to them and had a good outcome?



I am going through with the exact same situation right now. I was referred from US Bank initially as well. I believe this place is real, also the man I spoke to told me I would recieve a letter in the mail after three weeks of my payment. So after that if I never recieve mail, I would think they're bogus. We'll see... :/

Sub: #40 posted on Tue, 11/10/2009 - 14:54

Unregistered


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