Protect Your Vehicle & Your Rights

Deceptive loan terms and wrongful repossessions shouldn’t run you off the road. We help Utah consumers hold auto lenders accountable and resolve deficiency disputes.

Are You Facing Legal Action from Regional Acceptance Corporation?

If you have received notice of a lawsuit or aggressive collection demands from Regional Acceptance Corporation (a subsidiary of Truist/BB&T), you are not alone. Navigating the complexities of auto lending disputes requires a thorough understanding of both state and federal consumer protections. At Cannon Legal PLLC, our experienced attorneys focus on protecting Utah consumers from aggressive creditors and improper collection practices.

When a creditor pursues a deficiency balance, they are held to strict standards under the law. If they fail to meet these requirements, they may not be entitled to the judgment they seek. We work to hold creditors accountable to the standards set by the Uniform Commercial Code and Utah state law.

Common Issues in Auto Lending Disputes

Many auto lending issues stem from the initial point of sale. If you feel your financing terms were misrepresented, or if your vehicle was repossessed without regard for your legal rights, you may have a valid defense strategy.

The “Yo-Yo” Financing Trap

Some dealerships use “spot delivery” or “yo-yo” financing tactics, where they allow you to drive the car home before the financing is officially approved. If they later claim financing fell through to coerce you into signing a contract with higher interest rates or different terms, this may violate the Utah Consumer Sales Practices Act, which prohibits deceptive or unconscionable acts in consumer transactions.

Breach of the Peace and Wrongful Repossession

Under Utah’s version of the Uniform Commercial Code (UCC) Article 9, a repossession agent must act without a “breach of the peace.” This means they cannot use physical force, threaten you, or ignore your verbal objections to the repossession. If a repo agent broke locks or entered a private, secured area to take your vehicle, the creditor’s right to collect a deficiency balance may be legally compromised.

Commercial Reasonableness and Notice Requirements

After a vehicle is repossessed, the creditor is required to send a Notification of Sale. Furthermore, the vehicle must be sold in a “commercially reasonable” manner. If Regional Acceptance Corporation failed to provide proper notice or sold the vehicle for a price significantly below market value, they may be barred from collecting a deficiency balance under Utah law.

Legal defense is about demanding proof. We require creditors to demonstrate that they complied with every aspect of the Truth in Lending Act (TILA) and UCC Article 9 before you pay a single cent.

How Cannon Legal PLLC Protects Your Rights

We believe that every consumer deserves an aggressive defense against unfair lending and collection practices. Our approach includes:

  • Contract Auditing: Reviewing your original loan documentation to uncover hidden “junk” fees, such as unauthorized GAP insurance or VIN etching charges.
  • Deficiency Defense: Challenging the validity of deficiency balance claims when the creditor fails to meet statutory notice or commercial reasonableness requirements.
  • Stopping Harassment: Utilizing the Fair Debt Collection Practices Act (FDCPA) to stop abusive collection tactics immediately.
  • Strategic Litigation: Where appropriate, we file affirmative lawsuits utilizing fee-shifting provisions, aiming to hold creditors responsible for the legal costs of our representation.

Learn more about Cannon Legal PLLC and how our experienced team can help you challenge an unfair debt.

Regional Acceptance Corporation Contact Information

Do not assume that a notice from a creditor is the final word. Many deficiency claims are legally deficient themselves. Schedule your free phone consultation today to discuss your options.