Getting out of debt can be a long, hard road, and debt collectors don't make it any easier on you. Luckily, the Federal Trade Commission enacted the Fair Debt Collection Practices Act (FDCPA) to protect consumers from unfair treatment, deception, and harassment from debt collection companies and their legal representation.
Regional Finance is a personal loan corporation in the South. They help consumers who have poor credit scores get a loan. They also and send mailers to your home with pre approved, high-interest loans.
The company is headquartered in Greenville, South Carolina, with over 300 offices throughout New Mexico, Texas, Oklahoma, Tennessee, Georgia, Alabama, North Carolina, and South Carolina. They only serve residents of these states and those who live close to the border of any of these states.
What to Do if Regional Finance is Trying to Collect a Debt from You
Unless you agree, per the FDCPA, Regional is not allowed to contact you at work or at other inconvenient times, such as early morning or late at night. If you don't want any contact from them at all, you do have the right to request it. You need to submit a request in writing and mail it to them. If you pay for a return receipt, you will know as soon they get it, so you can track anytime they call you afterwards.
After submitting your request for no contact, they are allowed to contact you up to two more times either to tell you they won't call you again or to move forward with a specific action. This could be when they summon you to court.
Don't ever ignore court summons from a debt collector. If you don't show up, the judge will be forced default the case. If this happens, the judge could order your wages to be garnished, your back account to be frozen. A judge can also allow Regional to take they money they are owed directly from your bank account.
You should contact a lawyer as soon as possible to determine if Regional Finance has committed a violation under the FDCPA. You could be entitled to $1,000 per violation plus damages and lawyers' fees. A FDCPA attorney can determine how much you deserve and represent you if you need to go to court.
Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Regional Finance, or any other third-party collection agency, you may not be entitled to any compensation.