Consumer complaint received 2025-10-22 00:00:00
Product: Debt collection — Other debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Denali Capital Holdings, LLC
State: TX

Complaint narrative:
Denali Capital LLC is reporting inaccurate information on my credit report for an account ( XXXXXXXX XXXX XXXX XXXX XXXX  ) allegedly purchased from XXXX XXXX XXXX, an entity that has FORFEITED its legal right to conduct business in Texas and lacks authority to assign or transfer debts. 
ACQUIRED DEBT FROM LEGALLY DEFUNCT ENTITY : Denali Capital allegedly purchased this account from XXXX XXXX XXXX XXXX However, according to official Texas Comptroller records ( Texas Taxpayer Number XXXX, verified XX/XX/XXXX ), XXXX XXXX XXXX has " FORFEITED '' status - meaning the entity lost its right to transact business in Texas. 
An entity without legal authority to conduct business can not : Enter into valid contracts Assign or transfer debts legally Provide valid chain of title Therefore, any alleged assignment or transfer of this account from XXXX XXXX XXXX to Denali Capital LLC is legally deficient. Denali can not acquire valid rights to a debt from an entity lacking legal authority to transact business. 
This violates FCRA Section 1681s-2 ( a ) ( 1 ) ( A ), as a debt purchaser reporting an account acquired from a legally defunct entity can not verify accuracy or validity of the debt. 
FAILURE TO PROVIDE FDCPA VALIDATION : Despite Denali Capital allegedly owning this account since XX/XX/XXXX : I have NEVER received initial communication from Denali Capital pursuant to FDCPA Section 1692g I have NEVER received validation of this debt I have NEVER been contacted by Denali Capital No chain of custody documentation has been provided This violates FDCPA Section 1692g ( a ), which requires debt collectors to provide written notice within 5 days of initial communication containing : Amount of debt Name of creditor Consumer 's right to dispute Statement that debt will be assumed valid unless disputed CONTRADICTORY REPORTING CONTINUES : Denali Capital continues to report contradictory information that can not be accurate : Account states : " PAID IN FULL/WAS A CHARGE OFF '' ( impossible ) Balance : {$0.00}, yet status shows sold/charged-off No transfer notification was ever provided to consumer These contradictions violate FDCPA Section 1692e ( 2 ) ( A ) - false representation of character, amount, or legal status of debt. 
REPORTING WITHOUT VALIDATION : Denali Capital has reported this account to credit bureaus without first : Contacting the consumer Providing validation notice Obtaining proper chain of title from original creditor Verifying the original creditor had legal authority to transfer This violates FDCPA Section 1692e ( 8 ) - false representation or implication that implies ownership without proper documentation.

NO RESPONSE TO CONSUMER INQUIRIES : I attempted to contact Denali Capital via : Email : XXXX ( no response ) Phone : XXXX ( automated system, no way to reach human or verify account ) This lack of response violates both FCRA requirements for reasonable procedures and FDCPA requirements for consumer communication. 
HARM CAUSED : As a 100 % XXXX XXXX veteran with XXXX  XXXX XXXX and XXXX, this situation has caused : Denial of credit due to inaccurate reporting Severe emotional distress exacerbating medical conditions Financial harm from inability to access credit Ongoing damage to credit reputation

Company response to consumer: Closed with explanation