Product: Debt collection

Subject : Debt Validation Request & Cease and Desist FCRA, FDCPA, CFPB Regulations Dear Halsted Financial Services, This letter serves as a formal demand for validation of the alleged debt associated with account on my credit report under the Fair Debt Collection Practices Act ( FDCPA ) 15 U.S.C. 1692g and the Fair Credit Reporting Act ( FCRA ) 15 U.S.C. 1681b. Additionally, this letter serves as a cease-and-desist demand for any further communication or collection efforts until full validation is provided. 

It has come to my attention that you are attempting to collect and report this account without proper documentation and permissible purpose, as required under 15 U.S.C. 1681b ( a ). If you can not verify your legal right to collect or report this account, you are in direct violation of federal law and subject to enforcement actions by the Consumer Financial Protection Bureau ( CFPB ) and other regulatory agencies.

Validation Requirements Federal Law Compliance Pursuant to 15 U.S.C. 1692g ( b ) and 15 U.S.C. 1681s-2, you must provide clear and documented proof that this alleged debt is valid and that you have the legal right to collect and report it. Specifically, I demand : 1. Proof of Ownership & Assignment : A copy of the original signed agreement with the original creditor that establishes my liability for this debt. 
A purchase agreement and assignment contract between you and the original creditor, proving you have legal ownership and collection rights to this debt. 
2. FCRA Compliance Permissible Purpose & Accuracy of Reporting : The date of first delinquency ( DOFD ) as reported to credit bureaus. 
Documentation verifying that this account is accurately reported to XXXX XXXX XXXX XXXX 
The full chain of title showing ownership of the alleged debt. 
3. IRS & Tax Compliance 1099-C Requirement : A copy of the 1099-C Cancellation of Debt form if this account was charged off and reported as a tax write-off.

If no 1099-C was issued, I demand an explanation as to why this debt was reported as a loss without proper IRS documentation , as required by 26 U.S.C. 6050P.

Cease and Desist Notice Prohibited Collection Actions Under 15 U.S.C. 1692c ( c ), I demand that you immediately cease all communication and collection activities related to this account until you fully validate this debt. Continuing collection efforts without proper validation constitutes a violation of the FDCPA and FCRA and may result in legal consequences.

Legal & Regulatory Consequences for Non-Compliance Failure to provide the required validation within 5 business days will result in the following actions : A formal complaint will be filed with the CFPB, FTC, and my State Attorney Generals Office for violations of the FDCPA, FCRA, and IRS regulations. 
A Form 3949-A complaint will be submitted to the IRS for tax fraud if this debt was improperly reported as a charge-off without a 1099-C. 
I will pursue legal action for damages resulting from unlawful reporting, collection, and non-compliance with federal law. 

This letter serves as final notice before escalation. If you can not provide proper validation, you must immediately delete this account from all credit reporting agencies and cease all collection efforts. I expect a written response within 5 business days.