Consumer complaint received 2021-10-27
Company: WELLS FARGO & COMPANY
State: TX
Product: Debt collection
Sub-product: Auto debt
Issue: Took or threatened to take negative or legal action
Sub-issue: Seized or attempted to seize your property

Complaint:
I, agent for principal XXXX XXXX XXXX and XXXX, I am a federally protected consumer, holder in due course, attorney in fact, for any and all derivatives thereof for the surname/given name and I have been appointed and accept being the executor both public and private for all matters proceeding, and I hereby claim that I will autograph for my given name, XXXX XXXX XXXX and as the agent and administrator in fact. Entered in a consumer credit transaction at XXXX XXXX TX XXXX in XXXX XXXX, Texas. I got approved for the vehicle and later was send an auto loan which is not defined under truth in lending disclosure. Federal law states that banking institutions only can borrow money pursuant 12 U.S. Code 143. Ive sent Wells Fargo Auto Multiple Cease and Desist through cfpb and though the mail. Wells Fargo Auto still haven't accepted my cease and desist and still contacts me through mail. Wells Fargo Auto threaten me and in violation of of my consumer rights pursuant to 15 U.S. Code 1692d ( 1 ), 15 U.S. Code 1692e ( 4 ). Wells Fargo does not have the territory jurisdiction pursuant to Criminal Resource Manual 664 to even come on my property and if any tow company they high to do so is involution and will be Criminal Liable. I didn't receive two copies of my right to rescind from Wells Fargo Auto as well. Pursuant to 12 CFR 1026.15 and must be delivered together with a statement containing the material disclosures in accordance with 15 U.S. Code 1602 ( v ) required under TILA. I the affiant, have the right to exercise the right of rescission after the three years from the XX/XX/2021 in accordance with 15 U.S. Code 1635 ( f ) as shown in EXHIBIT ( A ) due to the failure of WELLS FARGO AUTO to disclose this required information. WELLS FARGO AUTO believes they have of claim against the right to rescind by having on file, a written waiver by I, the affiant, as described in 12 CFR 1026.15 ( e ) then WELLS FARGO AUTO needs to provide that waiver in order to prove its compliance with the Truth in Lending Act requirements. Such failure to provide the written waiver will hold WELLS FARGO AUTO. liable for its negligence, unfair and deceptive practice of not providing the consumer the notice of right to rescind. WELLS FARGO AUTO should have the financial records in accordance with the documentary evidence requirements, which should include the written waiver. affiant is invoking it's right of rescission in accordance with 15 U.S. Code 1635 and UCC 3- 306 to rescind any power of attorney which may have been used in connection with this transaction which includes any derivative, hypothecation, trades, transfers of possession, whether voluntary or involuntary involving any and every instrument which may have occurred unbeknownst to me. I was not given full disclosure of any such power of attorney until discovery of its potential existence and demand a full revocation of such document ( s ) ; nunc pro tunc. On Exhibit A shows that all Security Interest was assigned to Wells Fargo auto means I am not obligated to pay Wells Fargo Auto and it secured all payments. I also attach my letter of intent to sue.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation