Are You Being Called By Sequoia Financial Services?

Are You Being Called By Sequoia Financial Services? Here’s What You Need to Know

You may be behind on your monthly debt payments, but debt collectors don’t have free rein when it comes to getting the money from you. If they are rude, make illegal threats, and constantly violate your privacy, they are going too far. This is when it pays to know your rights.

Is Sequoia Financial Services legit?

Sequoia Financial Services is a legitimate collections company based out of California. Sequoia Financial Services is not accredited by the Better Business Bureau and was incorporated in 1993 and therefore has been in business for 29 years. Zoominfo.com reports that Sequoia Financial Services has a revenue of roughly $5 million, and is managed by Roy du Plessis, Chief Executive Officer and King Bechtel, Chief Marketing Officer.

Its website, Sequoia Financial Services “stands above the rest”, and is “understanding, knowledgeable, and sophisticated”. Many complainants do not agree with this statement and instead find that Sequoia Financial Services has violated the law and their rights.

Who does Sequoia Financial Services collect for?

Sequoia Financial Services lists a variety of collections sectors and services on its websites. It lists healthcare, subrogation, litigation, and utilities as its primary focal points within collections. Within healthcare, Sequoia Financial Services states that it “provides off-site extended account receivable management services on all or selected active receivables.” Moreover, within the litigation section the company claims to “aggressively pursue all the rights and remedies available to creditors nationwide”, and notes that its utilities sector “has exceptionally skilled collection representatives.”

The company also provides a section on its website for contact information and privacy policies. Beyond this information, the website only allows those who need to pay off debt to access more information on the site.

How many complaints are there against Sequoia Financial Services?

Currently, on the BBB there are 40 complaints posted in the last 3 years regarding Sequoia Financial Services practices, and 10 of the posted complaints were closed within the last 12 months. The majority of the complaints allege that Sequoia Financial Services uses unlawful collections practices, refuses to validate debt and charges consumers for debt that they do not owe.

There are also 5 reviews posted on the BBB regarding Sequoia Financial Services, all of which are one star reviews. Additionally, on Google Reviews, Sequoia Financial Services has 49 posted reviews with a 1.6 star average rating. Yelp additionally has 19 additional reviews of Sequoia Financial Services, awarding the company an average 1.5 star review.

Sequoia Financial Services Contact information

• Address: 28632 Roadside Dr #110 Agoura Hills, CA 91301-6074
• Telephone: (818) 409-6000
• Website: https://www.sequoiafinancial.com/

Can Sequoia Financial Services sue me or garnish my wages?

Yes, Sequoia Financial Services can sue you if they have a valid claim against you, but it is illegal for Sequoia Financial Services to threaten to sue you or garnish your wages based on an illegitimate debt. Though this practice is illegal, many collection companies will try to sue you and garnish your wages even if they know you do not owe the alleged debt. Stay safe and contact an attorney to fight off wrongful collections practices.

How often can Sequoia Financial Services call?

Sequoia Financial Services can only call within federally designated guidelines. Moreover, there are laws which protect consumers from repetitive phone calls from debt collectors. In November 2021, the CFPB’s Debt Collection Rule clarified that a debt collector is presumed to have violated the law if they place a telephone call to you about a particular debt

• More than seven times within a seven-day period, or
• Within seven days after engaging in a telephone conversation with you about the particular debt.

However, even if a collector has not not violated this particular portion of federal law, their actions may still be illegal if they are intended to harass, oppress, or abuse you.

How to stop Sequoia Financial Services calls?

You can stop Sequoia Financial Services from calling by acquiring professional help. It is wisest to file a complaint first and then obtain assistance from an attorney. Your attorney will inform you that the Fair Debt Collections Practices Act (FDCPA) provides consumers protection from improper collections practices by prohibiting actions such as the use of abusive or threatening language; harassment; or the use of false or misleading information to collect a debt. They may add that if they have harassed you, or called you repetitively, you can receive additional protection under the FCRA, the Telephone Consumer Protection Act (TCPA), and the Consumer Financial Protection Act (CFPA). You may have a case if..

• You are receiving multiple calls per week from third party collection agencies.
• You are receiving early morning or late night calls from debt collectors
• You are receiving calls at work from a debt collection agency
• Debt collectors are calling your family, friends, neighbors, or coworkers
• Collectors are threatening you with violence, lawsuit, or arrest
• A debt collector attempts to collect more than you owe
• You are being threatened with negative credit reporting
• A debt collector attempts to intimidate you
• Criminal accusations are being made towards you
• Use of obscene language during an attempt to collect
• Automated robocalls are being made to your phone in an attempt to collect

Can Sequoia Financial Services hurt my credit report?

Sequoia Financial Services can hurt your credit score if they have reported your alleged debt to a credit reporting agency. If they have already reported the alleged debt, or you fear that they might, you can remedy the harm by contacting an attorney for assistance. We can help you remove Sequoia Financial Services from your credit report, or prevent them from reporting debt you do not owe. Contact us today to see how we can help protect you from Sequoia Financial Services’ wrongful collections practices.

*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 Sequoia Financial Services, or any other third-party collection agency, you may not be entitled to any compensation.