Consumer complaint received 2017-11-07
Company: PORTFOLIO RECOVERY ASSOCIATES INC
State: GA
Product: Debt collection
Sub-product: Credit card debt
Issue: Written notification about debt
Sub-issue: Didn't receive enough information to verify debt

Complaint:
I demanded PROPER validation of debt from Portfolio Recovery on several occasions and I also disputed information from said company with credit bureaus as well. Each time asking for validation, I received a response back from Portfolio as being " confused '' as to what it was that I was disputing or they sent a statement as validation. I did not request that Portfolio send me some computer printed out hearsay that they have no firsthand knowledge about. If they are going to attempt to validate, I am requesting that Portfolio send me a copy of a valid bilateral contract between heir company and me, signed by both parties, showing I have agreed to do business with them, showing my true, wet ink signature. What I received was basic verification and not validation. XXXX Law Dictionary defines verification and that requires a sworn affidavit, so what I received is not considered legal verification. I am requesting that Portfolio provide a full accounting of alleged claim. This means send me the documentation starting from the first deposit that created the alleged account that was supposedly lent to me and every charge, payment, credit, debit, fees, interest and any other event that took place on this alleged account to this present date. Please make sure that this full accounting has truthful entries that include insurance payments that were given to the original creditor when they filed a claim of alleged loss and notations of credits received from their filing of their Profit and Loss, as those are accounting facts as well. Oh, and I 'm also entitled to know how much Portfolio paid for this alleged account so please send me proof of the Bill of Sale and the price paid to purchase my information to create this account, which was done without my knowledge, without my consent, without a contract or agreement allowing Portfolio to subrogate on my behalf. What they did when they created this alleged account of their was commit fraud against me and perpetrate identity theft against me. I 'll also need a copy of the original contract between the original creditor and myself, again it must be bilateral with both parties signatures and unless Portfolio is named on that document as a party with an interest to protect, they are a stranger to the transaction, a mere volunteer and have NO RIGHTS as a creditor against me because they do n't qualify to make a claim against me according to the Doctrine of Subrogation. Until Portfolio can produce the above documents requested for VALIDATION also accompanied with a sworn Affidavit of Verification, the FDCPA REQUIRES them to stop all collection activity against me - and that includes furnishing and verifying information on my credit reports. So, please produce true validation or get out of my life! For now, IMMEDEDIATELY get off my credit reports as that is a violation of federal law since they have NOT validated and I reject what they sent as being validation or true verification. Lastly, I have reached out to my state Attorney General/licensing authority to verify if this company is licensed to report in my state or banned. I have also filed a complaint with the Consumer Financial Protection Board,  The Better Business Bureau and also looking into all additional legal rights and damages available.

Company response to consumer: Closed with explanation