Consumer complaint received 2024-01-02
Product: Debt collection — Credit card debt
Issue: False statements or representation — Attempted to collect wrong amount
Company: Self Financial Inc. (GA)

I am filing this formal complaint against Self Financial concerning my account with them, identified by account number XXXX. I urgently seek debt validation and request essential documentation regarding the alleged debt. 

1. Debt Validation : I formally request validation of the debt, specifically a copy of the 1099-C filed when the alleged debt was charged off. The lack of proper notification concerning the cancellation of this debt raises substantial concerns regarding transparency and consumer rights. 
2. Notification of Debt Cancellation : In accordance with federal and state laws, especially those specific to XXXX, I assert my right to be promptly and properly notified of the cancellation of this debt. The indication that the debt has been written off via 1099-C heightens my concern, and I must be informed and relieved of all responsibilities related to this debt. 
3. Debt Collector License : Being a resident of XXXX, where it is legally mandatory for debt collectors to be licensed, I demand immediate proof of Self Financials debt collector license. This is vital to ensure compliance with applicable state regulations. 
4. Full Accounting Ledger : I insist on the provision of the full accounting ledger associated with my account. While Self Financial is the original creditor, it is imperative to emphasize that the Fair Debt Collection Practices Act ( FDCPA ) applies universally, encompassing anyone attempting to collect a debt. 
5. FDCPA Application : I emphasize that the FDCPA is applicable regardless of Self Financials role as the original creditor. Compliance with the FDCPA is mandatory in handling this matter, and I request strict adherence to its provisions. 

Relevant Laws : FDCPA ( 15 U.S.C. 1692 et seq. ) XXXX XXXX XXXX XXXX XXXX XXXX XXXX. XXXX XXXX XXXX. XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ) 6. Laws Regarding 1099 Cancellation of Debts : I urge Self Financial to provide documentation and information elucidating how the 1099-C cancellation of debts affects my obligations. Relevant federal laws include : Internal Revenue Code, Title 26, Section 6050P 7. Consideration of Litigation : Understanding that litigation can be a protracted and expensive process for both parties, I propose that the most judicious resolution would be the deletion of the debt from my records. This aligns with the best interests of all parties involved and mitigates the need for prolonged legal proceedings. 

This letter also serves as a formal written dispute, requiring Self Financial to immediately CEASE all debt collection attempts and DELETE this item from my consumer credit report throughout the duration of the investigation. Any information provided by Self Financial in response to this complaint may be used in court proceedings related to this matter. 

I trust that the Consumer Financial Protection Bureau will conduct a thorough investigation into this matter, ensuring strict adherence to both federal and state laws governing debt collection practices. 

Thank you for your immediate attention to this critical issue.