Product: Debt collection

XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXXXXXX Email : XXXX Date : XXXX Subject : XXXX XXXX XXXX Penn Credit Corporation Unlawful Collection Activity and Violation of Secured Creditor Rights To Whom It May Concern, This letter serves as a formal complaint against Penn Credit Corporation for engaging in unauthorized collection activity against a debtor over whom I hold a valid and perfected security interest. Their actions represent a violation of federal law, state commercial code, and my legal standing under the Uniform Commercial Code ( UCC ). 

XXXX. My Status as the Only Secured Party On XX/XX/year>, I filed a XXXX Financing Statement with the Michigan XXXX XXXX XXXX, XXXX number XXXX, which identifies me, XXXX XXXX, as XXXX XXXX XXXX XXXX creditor for debtor XXXX XXXX XXXX. This filing is valid through XX/XX/year> and is supported by a properly executed Security Agreement, giving me full legal interest and control over the debtors obligations and any collateral assigned. 
No other party, including Penn Credit Corporation, has a recorded or lawful secured interest in this matter. Their claim lacks legal foundation and constitutes an interference with my priority rights under UCC Article 9.

2. Improper Collection Activity Penn Credit Corporation has : Engaged in collection activities concerning an alleged debt without verifying their authority or disclosing my security interest. 
Reported or attempted to report this alleged debt to consumer reporting agencies, in potential violation of the Fair Credit Reporting Act ( FCRA ). 
Operated as if they were a legitimate creditor or assignee, which they are not, and failed to acknowledge the superior claim of a perfected security interest. 
These actions are misleading, deceptive, and potentially violate the Fair Debt Collection Practices Act ( FDCPA ), particularly sections 1692e ( false representation ), 1692f ( unfair practices ), and 1692g ( failure to validate debt ).

3. Violations of Privacy and Standing Penn Credit has no standing to access, use, or distribute my personal nonpublic financial information under the Gramm-Leach-Bliley Act ( GLBA ), 15 U.S.C. 6802, and has provided no proof of consent or authorization. Their collection activity appears to have been conducted without lawful purpose or valid creditor status.

4. Requested Resolution To resolve this matter and avoid further escalation, I request that Penn Credit Corporation : 1. Immediately cease and desist all collection efforts related to this alleged debt.

2. Withdraw and delete any credit reporting or third-party claims made against the debtor.

3. Acknowledge my perfected security interest and provide written confirmation that they will no longer pursue this matter.

4. Issue a formal closure letter stating they are not a secured party and will not interfere further.

5. Supporting Documents Provided Attached to this complaint are the following : Copy of the UCC-1 Financing Statement ( certified ) Executed Security Agreement Proof of debtor relationship and address Durable Power of Attorney ( if applicable ) Conclusion Penn Credit Corporations unauthorized collection efforts are legally and ethically improper and interfere with a valid and perfected security interest. I request prompt enforcement and regulatory oversight to protect my rights and bring this matter to an appropriate resolution. 
Failure to address this issue will result in formal complaints to the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and the XXXX Attorney Generals Office, and may include civil litigation. 
Sincerely, XXXX XXXX XXXX XXXX