Consumer complaint received 2022-02-05
Company: Complete Credit Solutions, Inc.
State: DE
Product: Debt collection
Sub-product: I do not know
Issue: Written notification about debt
Sub-issue: Didn't receive enough information to verify debt

Complaint:
I have requested validation of this debt numerous times to no avail. Absent any proof that I owe this debt, it should be deleted from my credit report immediately! 

If your offices still believe that I own the debt, I respectfully request that you provide me with competent evidence that I have any legal obligation to pay the alleged debt to your company, original creditor, or anyone else.

II. PLEASE PROVIDE ME WITH THE FOLLOWING : 1. Please validate a debt as allowed to the debtor under 15 USC 1692 ( g ) Section 809 ( b ) ; 2. Please provide a valid basis for the debt, such as the original contract/agreement/promissory note between me and the original creditor, bearing my wet-ink signature ; 3. Please provide proof when the original creditor claims this debt became due and when it became delinquent ; 4. Please provide a copy of the last billing statement sent to me by the original creditor ; 5. Please provide late payment notice and/or account closing notice provided by the original creditor ; 6. Please provide a verified ( sworn to by Affidavit ) copy of the contract your firm has with the original creditor, authorizing your firm to engage in collection activities on their behalf against the above-alleged account ; 7. Please provide a verified certificate of authority, and/or proof that your company are licensed to collect in my State ; 8. Please provide general ledger statement showing the full accounting of the alleged obligation you are attempting to collect, accompanied by a commercial affidavit by the original custodian of the books and records ; 9. Please provide the account and general ledger statement showing the full accounting of the alleged obligation that you are now attempting to collect. Such as FR 2046 balance sheet ( XXXX # 's XXXX, XXXX, XXXX ), 1099 OID report, S-3/A registration statement, 424-B5 prospectus, RC-S, and RC-B call schedules ; 10. Please provide verification and/or copy of any judgment if applicable ; 11. Please provide proof of any interest, fees or other charges expressly authorized by the credit/loan agreement ; 12. Please provide a certified copy of all Public Hazard Bond ( s ) and Liability Insurance Policy ( s ) and accounting demonstrating the financial capability of debt collector ; 13. Please provide proof that the alleged debt has not already been satisfied by any means available including but not limited to, a Tax write-off, an Insurance Claim or selling the purported debt to third party debt collector ; 14. Please provide a Statute of Limitations expressly authorized by the credit/loan agreement ; 15. Please provide documentary evidence for the method of verification of the alleged debt.

III. IN ADDITION TO MY ORIGINAL REQUESTS IN II, I WOULD ALSO LIKE YOU TO PROVIDE ME WITH THE FOLLOWING INFORMATION : 1. Did the original creditor credit/loan its credit to me?

2. Did the original creditor credit/loan lawful money to me?

3. Did I sign an agreement with the original creditor, which prevents me from repaying credit/loan?

4. Did the original creditor inform an alleged borrower that the original creditor uses the alleged borrower 's loan to create the very money and/or credit institution loans out to the borrower?

5. Does the original creditor have the policy to show the same money in two separate places at the same time?

6. Does the original creditor claim to loan out money or credit from savings and certificates of deposits while never reducing the amount of money or credit from savings accounts or certificates of deposits, which customers can withdraw from?

7. Using the banking practice in place at the time the loan was made, is it theoretically possible for the original creditor to have loaned out a percentage of the Savings Accounts and Certificates of Deposits? If the answer is NO, explain why the answer is NO.

8. Is it true that the original creditor creates ( checkbook ) money when the bank/lender grants loans, simply by adding deposit dollars to accounts on the bank/lenders books, in exchange for the alleged borrower 's note?

9. According to the original creditor policy, is a promise to pay money the equivalent of money?

10. Does the original creditor use a borrower 's assumed note to create new bank/lender money, which did not exist before the assumed note was signed?

11. Does the original creditor use any form of a note to create new money when bank/lender loans credit to someone?

12. Did the original creditor take money from any Demand Deposit Account ( DDA ), Savings Account ( SA ), or a Certificate of Deposit ( CD ), or any combination of any DDA, SA or CD, a
nd loan this money to the alleged borrower?

13. Did the original creditor replace the money or credit, which it loans to an alleged borrower with the alleged borrower 's assumed note?

14. Did the original creditor take an asset called money, or the credit used as collateral for customers ' account deposits, to loan this money to the alleged borrower, and/or did bank/lender use the alleged borrower 's note to replace the asset it loaned to the alleged borrower?

15. Did the money or credit which the original creditor claims to have loaned to the alleged borrower, come from deposits of money or credit made by original creditor 's customers, excluding the alleged borrower 's assumed note?

16. At the time of the alleged loan of original creditor credit to me, was there one dollar of Federal Reserve Notes in original creditor possession for every dollar owed in Savings Accounts, Certificates of Deposits, and Checking Accounts Demand Deposit Accounts for every dollar of the alleged loan?

17. Does the original creditor have the policy to prevent an alleged borrower from discharging the note in " like-kind funds '' which bank/lender deposited, from which to issue a check or loan credit?

18. Is the original creditor required to obey the UCC laws concerning, Commercial Paper, Commercial Transactions, Commercial Instruments, and Negotiable Instruments?

19. Did the original creditor lend the alleged borrower bank/lender 's assets or bank/lender 's liabilities ?

20. What is the original creditor 's definition of " Credit ''?

21. What is the original creditor 's definition of " Loan ''?

22. Considering the balance sheet entries of the original creditor 's loan of money or credit to the alleged borrower, did original creditor directly decrease the customer deposit accounts ( i.e. DDA, SA, and CD ) for the amount of the loan?

23. Describe the bookkeeping entries required to open this account.

24. Did original creditor bookkeeping entries to record the loan and the alleged borrower 's assumed note ever, at any time, directly decrease the amount of money or credit from any specific customer 's deposit account?

25. Does original creditor have a policy or practice to work in cooperation with other banks, banking institutions, or financial institutions use an alleged borrower 's note as collateral to create an offsetting amount of new money, bank money, or credit, or checkbook money, or DDA generally to equal the amount of the alleged loan?

26. Regarding the alleged borrower 's assumed loan, please give the name of the account, which was debited to record the note.

27. Regarding the bookkeeping entry referred to in opening this account, state the name and purpose of the account which was credited.

28. When the alleged borrower 's assumed note was debited as a bookkeeping entry, was the offsetting entry a credit account?

29. Regarding the initial bookkeeping entry to record the alleged borrower 's assumed note and the assumed loan to the alleged borrower, was the bookkeeping entry credited for the money loaned to the alleged borrower and was this credit offset by a debit to record the alleged borrower 's assumed note?

30. Does the original creditor currently or has it at any time used the alleged borrower 's assumed note as money to cover bank/lender 's liabilities referred to above, i.e., DDA, SA, and CD?

31. When the alleged loan was made to the alleged borrower, did the original creditor have every DDA, SA, and CD backed up by Federal Reserve Notes on hand?

32. Does the original creditor have an established policy and practice to emit bills of credit to its alleged borrowers? If YES, are said bills of credit created upon its books at the time of making the loan agreement when issuing money or " so-called money '' of credit?

33. Finally, please provide an affidavit signed under Penalty of Perjury that your company has not violated any portion of the Fair Debt Collection Practice Act.

Company public response: Company disputes the facts presented in the complaint
Company response to consumer: Closed with explanation