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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.....




Regent has contacted me for close to a year now and they said I owe like 1300 to them from a US Bank account. I called US Bank they researched and found nothing, so I'm not paying not matter how many legal letters I get. They're a bogus co. and I asked for they're address to send a cease and desist letter. If you want the address it's

8665 w 96th st sweet 100
Overlank Park, Ks 66212

I'm a former debt collector and the anonymous companies I worked for time and time again would rather let a account charge off than take legal action because of court fees. It would cost this company millions to take all of us to court.

Sub: #71 posted on Sun, 04/18/2010 - 18:29

Unregistered


Wow, I'd forgotten about these guys. My wife (with her maiden name, to our previous address) got a letter from these guys about 5 months ago, and following some of the tips on this thread I sent them a validation letter. Fortunately, I had the foresight to keep a copy of the validation letter I sent them and the read receipt. The validation letter I sent (with a few details changed near the beginning since I diligently check our credit reports and it has never shown up on them):

http://www.debtconsolidationcare.com/letters/sample6.html

And in their reply (sent 4/16/10 according to the letter) was... still sent to our old address with still her maiden name. After the same account details they put before, the text they put in the letter states as thus:

"To whom it may concern:

We have received your request for validation of debt. We have confirmed with our client the accuracy and correctness of this debt.

Sincerely,

Customer Service"


If you think about it, their reply is rather clever -- note how the sentences technically are two separate clauses? "We received your request for validation", and "We have confirmed the debt". The second doesn't necessarily indicate validation.

Any suggestion what I do from here? It's been awhile since I've researched any of this stuff.

(Strangely enough, I see the rest of you are getting mailing addresses with Overland Park KS. I live in KS, and just a half-hour drive to Overland Park. Yet the letterhead on mine comes from Denver CO.)

Sub: #72 posted on Mon, 04/26/2010 - 17:13

Unregistered


I also got a letter from this company. I got the letter late October of 2009. Funny thing is I received this letter exactly 2 weeks after I recieved my Bankruptcy discharge paper work. Had this ever been correct I would have taken care of it with the BK. So I called them and they told me it was an old US Bank account from 2001 based out of a state I moved away from before the account was open. Two things for me said red flag. One I recieved the letter right after my BK was finalized and two it has been since 2001 so the statute of debt collections has lapsed and they cannot provide any information on the original debt nor will they give you any information to contact US Bank. I called us bank and they have no record that I have ever had an account there.. Which I haven't. I am contacting my Lawyer today to find out what I can do to get this stopped. I just got another letter this weekend stating that I am going to be sued for the money.. Go Ahead I live in Texas now and you can't garnish or levy any of my wages or bank account so spend the money if you want. Regent Asset Management is a joke... Also on one of the phone calls I asked for a fax number and where they were located.. The guy gave me Kansas is where they are located-- the fax number was a 714 area code which I knew was California since I lived there. The letters come from Las Vegas and the letter has a CO return address??? Ask them about this if they call and they will have no clue what to say.

Sub: #73 posted on Tue, 04/27/2010 - 15:04

Unregistered


Quote:
Originally Posted by Anonymous
I also got a letter from this company. I got the letter late October of 2009. Funny thing is I received this letter exactly 2 weeks after I recieved my Bankruptcy discharge paper work. Had this ever been correct I would have taken care of it with the BK. So I called them and they told me it was an old US Bank account from 2001 based out of a state I moved away from before the account was open. Two things for me said red flag. One I recieved the letter right after my BK was finalized and two it has been since 2001 so the statute of debt collections has lapsed and they cannot provide any information on the original debt nor will they give you any information to contact US Bank. I called us bank and they have no record that I have ever had an account there.. Which I haven't. I am contacting my Lawyer today to find out what I can do to get this stopped. I just got another letter this weekend stating that I am going to be sued for the money.. Go Ahead I live in Texas now and you can't garnish or levy any of my wages or bank account so spend the money if you want. Regent Asset Management is a joke... Also on one of the phone calls I asked for a fax number and where they were located.. The guy gave me Kansas is where they are located-- the fax number was a 714 area code which I knew was California since I lived there. The letters come from Las Vegas and the letter has a CO return address??? Ask them about this if they call and they will have no clue what to say.


you are in texas.that does mean two things.

1)the SOL has passed on this,and
2)if you send a strongly worded DV letter they have a set in stone 30 days to validate.if they can't then they must drop it entirely.

have your lawyer contact them about their real address,and get the DV letter out certified mail return receipt,and watch this bottomfeeding slime dissappear.

Sub: #74 posted on Wed, 04/28/2010 - 05:40

paulmergel paulmergel
Moderators Cum Industry Expert
(Posts: 15512 | Credits: )

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.....



Regent Asset Management Solutions does not have a business license in Colorado, and other states where I found one, the titles don't match up. My son, and two of his friends (so far) have recently been receiving letters from Regent Asset Management Solutions. All of the letters are trying to collect debts they state are from US Bank. It is a total scam. These young men don't bank there and upon calling the US Bank Recovery, we have proven that these debts don't exist. They were nasty and threatening; even referring to my son and his friends as "Deadbeats who won't pay their bills". The common thread these three young men have is that they were all laid off in Oregon, and they are on unemployment. The Reliacard is affiliated with the US Bank - my thinking is that it is the Reliacard records may have been stolen, or compromised. When I told the rude dude at Regent that there was no business license in Colorado - he got mad and told me there was. I told him there wasn't. I asked him the name of the owner - he did not know the name of the owner. I asked him why the letterhead reflects a Denver, Colorado contact, but the envelope was posted in Las Vegas. Yep, Las Vegas and Florida are two of the most common states to conduct scams. Regency works real hard to get your Visa Number, or if you send a check, they will garnish - legal or not, in their case! We are going to contact our Attorney General in Oregon and get our local news detectives on it! Good Luck.

Sub: #75 posted on Sat, 05/01/2010 - 13:54

Unregistered


FYI, to everyone having problems with these people. Please TAKE NOTE. By law a bank has to hold on to the bank account information for 5 years. Thus, if you can go to the bank and they can pull up the information still then you can pay the debt to the bank right there and get a printed statement from the BANK itself that it has been paid in full! Case closed and NO MORE assholes to deal with. The next time they call you simply tell them. "Oh I am sorry I paid the debt directly to the bank and this is no longer a debt!" and see what they have to say to that!!! PS I just spoke with Bank of America of which there was a balance on my husbands account that we missed and they verified it and we paid it right there in the bank. Be sure and have a supervisor process this payment so they put the balance owed to zero in their system right then and there. Hope this helps everyone!

Sub: #76 posted on Tue, 05/04/2010 - 18:08

Unregistered


I have a new number for them. 18775917014 Regent Asset Management Solutions. They called my cell phone. I use a prepaid phone and don't give out the number to anybody. So when any strange # calls me I just tell them they have the wrong number. I really don't know what to do. I reverse look upd the number and found out that this is who they were and got a robot voice recording. I looked at their website and it doesn't look that impresive for a company that makes $3mil a year. I found this wonderful site and now I'm going to get educated.

Sub: #77 posted on Wed, 05/05/2010 - 15:16

Unregistered


The second letter I received from them today, I sent them a debt verification letter nine months ago and they never responded until today, telling me I ignored requests to contact me, I noticed the letter is post marked in Las Vegas, even though they do business in Denver. Although they are a licensed agency in Minnesota, MN has a statute of limitation on bank debt, 2 years, seeing as this debt was from 2005, good luck fly by night attorney.

Sub: #78 posted on Mon, 05/17/2010 - 20:26

Unregistered


I got a call from these guys about a Wells Fargo account. I was suspicious but after checking with WF I was told it was legitimate.

They worked with me without any threats, harassment, etc on a payment plan and were nice about it. I'm going to call back and get a verification of debt letter, but the bank itself told me that these guys are legitimate.

Sub: #79 posted on Wed, 05/26/2010 - 11:57

Unregistered


I have had multiple calls from this company trying to collect a debt from an old boyfriend. They said it was abank account from 4 years ago and I was a co-signer for the account. They keep calling my job and what's great is I wasn't at this job 4 years ago. They told me they have my social and when I asked for it they wouldn't give it to me (naturally) but I also asked for the last 4 digits and they said they couldn't give that out either. What I dont' understand is how are they able to discuss with me the amount of his debt and what he owes without verifying that I am the supposed co-signer listed. With the first call I got I asked what company they were from and 3 times I was put on hold and everytime I got another additional word the name of the company. They said the number they do not have a number for him and I know he has the same number, they refuse to call him except at my work number. They told me I am held responsible and I have to pay the $1400 bill that he has. They never leave a message and never give their name and refuse to give me any info that they are legit.

Sub: #80 posted on Tue, 06/01/2010 - 13:37

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