Consumer complaint received 2024-07-03
Product: Credit reporting or other personal consumer reports — Other personal consumer report
Issue: Problem with a company's investigation into an existing issue — Their investigation did not fix an error on your report
Company: LCI Acquisition Inc. (WA)

I am writing to file a formal complaint against LCI ( hereinafter " LCI '' ) for the inaccurate reporting of a bankruptcy on my credit report, which constitutes a violation of the Fair Credit Reporting Act ( FCRA ). 

Summary of the Dispute : I have a bankruptcy being reported on my XXXX credit report that does not belong to me. XXXX claims that they verified this information with the bankruptcy court ; however, the bankruptcy court has stated unequivocally that they do not verify or provide information to consumer reporting agencies. Specifically, the Bankruptcy Court asserts : " The Bankruptcy Court does not report or provide information to consumer reporting agencies. The Bankruptcy Court is not responsible for verifying or validating information in consumers credit reports '' XXXX XXXXXXXX XXXX XXXX last visited on XX/XX/scrub>XXXX XXXX XXXX XXXX XXXX XXXX. 

When I presented this information to XXXX, they responded that the bankruptcy was verified by LCI. Upon contacting LCI, I received a form letter stating that the last XXXX digits of my social security number and an address match the information they have on file. However, the address in question has never been and is not my address. Furthermore, considering that the last XXXX digits of a social security number are not unique and can easily match multiple individuals XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ; See also XXXX XXXX XXXX XXXX last visited on XXXX XXXX XXXX XXXX XXXX XXXX it is beyond reasonable to assert that LCI is inaccurately attributing this bankruptcy to me based on incomplete and unreliable data. 

Violation of Federal Rule of Bankruptcy Procedure XXXX : Federal Rule of Bankruptcy Procedure XXXX mandates that certain personal identification information be redacted from documents filed with the court. Filings containing an individual 's social security number, taxpayer identification number, or birth date ; the name of a minor ; or a financial account number may only include : The last four digits of the social security number and taxpayer identification number ; The year of the individual 's birth ; The minors initials ; The last four digits of the financial account number. 
Given this redaction requirement, it is axiomatic that the bankruptcy could not possibly be accurately reported in compliance with the FCRA. The law commands credit reporting companies to follow reasonable procedures to assure maximum possible accuracy. 

FCRA Compliance Issues : Under the FCRA, credit reporting agencies are required to report only accurate and verifiable information. The inaccurate reporting of this bankruptcy by LCI and its inclusion in my XXXX credit report demonstrates a blatant disregard for the requirement to ensure the maximum possible accuracy of consumer information. Such inaccuracies have significant adverse effects on my creditworthiness and financial well-being. 

I demand that this incorrect bankruptcy entry be immediately removed from my XXXX credit report. The inaccurate reporting by LCI is unacceptable, and I urge the CFPB to take appropriate action to enforce compliance with the FCRA and ensure that such errors do not persist. 

I appreciate your prompt attention to this matter and look forward to a swift resolution.