Consumer complaint received 2024-07-19
Product: Debt collection — Credit card debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Absolute Resolutions Corp. (IL)

Subject : Immediate Removal from Consumer Credit Report Dear Absolute Resolutions Investments , LLC, I acknowledge receipt of your response dated XX/XX/XXXX. While I appreciate your efforts to resend the validation documents, the issues I raised remain unresolved. To ensure full compliance with federal regulations and to clarify the legitimacy of this debt, I am requesting the following : **1. Proof of Debt Ownership : ** Please provide documentation confirming that Absolute Resolutions Investments , LLC is the legal owner of this debt. This should include : - The sale agreement between XXXXXXXX XXXX XXXXXXXX. and ARI. 
- Documentation detailing how the account balance was calculated. 

**2. Original Contract : ** Please provide a copy of the original contract or agreement that I signed with XXXXXXXX XXXX XXXXXXXX, including all terms and conditions. 

**3. Complete Account History : ** I request a full account history from the time the account was opened until the present, including all charges, payments, and interest calculations. This will help establish the validity and accuracy of the debt amount being claimed. 

**4. Proof of Compliance : ** Please provide evidence of compliance with 12 CFR 1006.34 and other applicable regulations, including proof of mailing for the required disclosures. 

**5. Proper Notification : ** As the previous validation was returned undeliverable, please supply proof of notification, such as a certified mail receipt or any other evidence indicating that I was properly notified of this debt, including my name and signature if applicable. 

**6. Compliance with Fair Debt Collection Practices Act ( FDCPA ) : ** Under the FDCPA, you are required to cease collection activities until the debt is validated. Continuation of reporting this debt to credit bureaus without proper validation is a violation of 15 USC 1692g ( b ). Additionally, any communication that is misleading or not in compliance with the Act is a violation of 15 USC 1692e. 

I would like to remind you of the legal precedent set by XXXXXXXX XXXX  XXXX, 317 F.3d 944 ( 7th Cir. XXXXXXXX ), which establishes that a debt collector must provide sufficient documentation to verify the debt and its ownership. Failure to provide this information may result in further legal action. 

Given the ongoing issues and the need for thorough validation, I am requesting that ARI remove the collection entry from my consumer report immediately. The continued reporting of this account without proper documentation and compliance with federal regulations is a violation of my consumer rights. 

Please address these issues and provide the requested documentation within 15 days from the date of this letter. If the collection entry is not removed within this time frame, I will be compelled to escalate this matter to the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and state authorities, and to pursue legal action to enforce my rights. 

Thank you for your immediate attention to this matter. I look forward to a prompt and satisfactory resolution. 

Sincerely, XXXX XXXX