Consumer complaint received 2021-12-22
Company: Liberty Career Finance, LLC
State: IN
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Problem with a credit reporting company's investigation into an existing problem
Sub-issue: Problem with personal statement of dispute

Complaint:
XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Indiana XXXX XXXX XX/XX/XXXX To whom this may concern, Liberty Career Finance is in violation for the following : According to IRS.gov File Form 1099-C, Cancellation of Debt, for each debtor for whom you canceled a debt owed to you of {$600.00} or more it : You are an entity described Form 1099-C must be filed regardless of The debtor may be an partnership, trust, estate, association, or company Do not combine multiple cancellations of a debt to determine whether you meet the {$600.00} reporting requirements unless the separate cancellations are under a plan to evade the Form 1099-C requirements, Debt Defined A debt is any amount owed to you. including stated principal, stated interest, fees, penalties, administrative costs, and fines. The amount of debt canceled may be all pal. See Exceptions, later Whom To File File Form 1003-G in the year following the calendar year in when la Identifiable event occurs, see exceptions, occurs, you may choose to file Form 1099-C for the wear of cancellation. No further reporting is required even it a later identifiable event occurs with respect to an amount When Is a Debt Canceled A debt is deemed canceled on the date an identifiable event occurs or, If earlier, the date of the actual discharge if you choose to file Form 1099-C for the year of cancellation. A discharge of indebtedness because of a decision or a defined policy of the creditor to discontinue collection activity and cancel the debt. 
LIBERTY CAREER FINANCE Reported : XXXX XXXX, XXXX - {$5000.00} Closed Overview You have 78 % left to pay on this student loan. 
Balance {$5000.00} Highest Balance $ XXXX  Monthly payment {$230.00} Opened XXXX XXXX, XXXX ( XXXX yrs, XXXX mos ) Term 36 months Payment History Last payment XXXX XXXX, XXXX Current Payment Status In Collections/Charge-off Worst Payment Status No Info HARASSMENT OR ABUSE- ( 15 USC 1692d ) A debt collector may not engage in any conduct the natural consequence of which is to harass, oppress, or abuse any person in connection with the collection of a debt. Without limiting the general application of the foregoing, the following conduct is a violation of this section : 1. ( 1 ) The use or threat of use of violence or other criminal means to harm the physical person, reputation, or property of any person. 
( a ) Accuracy and fairness of credit reporting The Congress makes the following findings : ( 2 ) An elaborate mechanism has been developed for investigating and evaluating the credit worthiness, credit standing, credit capacity, character, and general reputation of consumers. 

15 USC 1692e- False and Misleading information In the email I received, you charged my account off on XX/XX/XXXX. According to my credit report, my account was charged off on XX/XX/XXXX. My information was sold to a 3rd party debt collector twice in regards to my account. Which means that debt has been paid. According to the IRS, a charge off over {$600.00} is taxable income. Income is not reported on a consumer profile. 
15 USC 1681 ( a ) XXXX2. Exclusions Except as provided in paragraph ( 3 ), the term consumer report does not include ( I ) i ) report containing information solely as to transactions or experiences between the consumer and the person making the report.

This confirms my above statement further that charge offs reported on my consumer report are ILEGAL.

15 USC 6823- IN GENERAL Whoever knowingly and intentionally violates, or knowingly and intentionally attempts to violate, section 6821 of this title shall be fined in accordance with title 18 or imprisoned for not more than 5 years or both.

15 USC 1692 ( k ) - ( a ) Amount of damages Except as otherwise provided by this section, any debt-collector who falls to comov with an provision or this subchapter with respect to any person is liable to such person in an amount equal to the sum o- ( 1 ) any actual damage sustained by such person as a result or such tallure ; ( 2 ) in the case of any action by an individual, such additional damages as the court may allow, but not exceeding {$1000.00} ; This states that all violations of FDCPA can be fined up to 1,000 per violation. 
I DEMAND THE FOLLOWING ACCOUNTS THAT HAVE LATE PAYMENTS BE DELETED FROM MY CONSUMER REPORT IMMEDIATELY. 
Liberty Career Finance. 

Thank you XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Indiana XXXX XXXX

Company response to consumer: Closed with explanation