Consumer complaint received 2023-04-25
Company: EQUIFAX, INC.
State: MO
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Credit reporting
Issue: Incorrect information on your report
Sub-issue: Account status incorrect

Complaint:
XXXX XXXX XXXX indicate debt is outside of 7 year time frame to collect on debt by MO Law, I attached my supporting documentation, they are reporting inaccurately as third party no debt validation was provided. 

XXXX XXXX, XXXX XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXXXXXX XXXX XXXX Bank, XXXX XXXXXXXX XXXX Bank XXXX XXXX, is Reporting Charged off/Collections based on FCRA guidelines After a debt is canceled, the creditor may send you a Form 1099-C, Cancellation of Debt showing the amount of cancellation of debt and the date of cancellation, among other things. If you received a Form 1099-C showing incorrect information, contact the creditor to make corrections. For example, if the creditor is continuing to try to collect the debt after sending you a Form 1099-C, the creditor may not have canceled the debt and, as a result, you may not have income from a canceled debt. You should verify with the creditor your specific situation. Your responsibility to report the taxable amount of canceled debt as income on your tax return for the year when the cancellation occurs doesn't change whether or not you receive a correct Form 1099-C.

I attest to receiving no 1099-C on any of the Charge-Offs listed on my account, based on Topic No. 431 of the Internal Revenue Service Guidelines and find these charge-offs erroneous.

Based on MO Law the statue of limitations to collect on debt Based on the Statues outlined above and strictly enforced by the FCRA I am requesting the following accounts listed below be removed/deleted due to inaccurate reporting against my SSN on my credit report. 


XXXX XXXX is reporting a debt for address listed at XXXX XXXX XXXX XXXX this address is not associated with my credit report, or address linked to any debt I have is XXXX XXXX XXXX XXXX, this discrepency needs to be delted this debt does not belong to me, I am not associated with the address on file delete this as the validation of debt does not meet FCRA guidelines. 

XXXX XXXX has sent several contradictory statements re : validation they have never provided and I have supporting documentation that Acct XXXX was charged off XX/XX/2022 and XXXX was charged off XX/XX/2022 based on this error and conflicting denial of a letter4 dated XXXX I am asking this be delted as the information is conflicting and in violation for FCRA guidelines After a debt is canceled, the creditor may send you a Form 1099-C, Cancellation of Debt showing the amount of cancellation of debt and the date of cancellation, among other things. If you received a Form 1099-C showing incorrect information, contact the creditor to make corrections. For example, if the creditor is continuing to try to collect the debt after sending you a Form 1099-C, the creditor may not have canceled the debt and, as a result, you may not have income from a canceled debt. You should verify with the creditor your specific situation. Your responsibility to report the taxable amount of canceled debt as income on your tax return for the year when the cancellation occurs doesn't change whether or not you receive a correct Form 1099-C.

I attest to receiving no 1099-C on any of the Charge-Offs listed on my account, based on Topic No. 431 of the Internal Revenue Service Guidelines and find these charge-offs erroneous. 
Delete XXXX XXXX.

Company response to consumer: Closed with explanation