Consumer complaint received 2024-01-08 00:00:00
Product: Vehicle loan or lease — Loan
Issue: Repossession — Lender trying to repossess or disable the vehicle
Company: JPMORGAN CHASE & CO.
State: MN

Complaint narrative:
XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX, XXXX To : JP Morgan Chase XXXX XXXX XXXX XXXX XXXX XXXX New York XXXX ATTN : XXXX XXXX XXXX, Indentured Trustee RE : Chase Auto My name is XXXX : XXXX, the authorized representative of the persons/entities XXXX XXXX XXXX am writing this letter of complaint to the Consumer Financial Credit Bureau and XXXX XXXX XXXX XXXX, concerning securities fraud violations of agreements submitted on the Securities & Exchange Commission, by way of, stealing principal , dividend , and interests payments on debt securities, submitted to the JP Morgan Chase, Indentured Trustee, for the account XXXX The above principal name, XXXX XXXX, previously named, XXXX XXXX, has been an investor with JP Morgan Chase since XXXX. Since then, the principal, has been issued several registered securities, sent to the Indentured Trustee, for satisfaction and discharge, which have been dishonored and stolen. The principal/agent, who is also an investor, issued a security instrument, a first series, XX/XX/XXXX, certified number XXXX. A complaint had to be filed with the CFPB to enforce a response, of which the claim was made that they do not accept that form of security instrument. Please refer to the section of the indentured agreement, Article 3, Covenants of the Issuer and the Guarantor, states that the Issuer agrees to render payment of registered securities and coupons delivered to the Trustee, will be paid to the Guarantor, which will be the creditor/investor. JP Morgan Chase dishonored the coupon, of which their indentured agreement states they will honor, violating the Indentured Trustee agreement and the Indentured Act. JP Morgan Chase, also further stated, they will continue to dishonor and ignore any further correspondences. However, they have kept the security and stolen it. A second security was sent directly to the Indentured Trustee, certified number : XXXX, to the Trustee name, XXXX XXXX XXXX, who is the Chief Financial Officer. The security was picked up XX/XX/XXXX. This information was faxed to JP Morgan Chase Executive Office, which they have further dishonored and violated. A correspondence was sent to JP Morgan Chase, showing the imperfection of the lien on the real property, which according to Uniform Commercial Code, Article 9 Section 3, Perfection and Priority. A UCC11 Certified search, revealed no valid liens on the vehicle. No response has been received, despite frequent phone calls. A third series of registered securities was sent to the Trustee, XX/XX/XXXX, XXXX XXXX XXXX XXXX US, delivered XX/XX/XXXX. However, dishonor occurred again, and violations of the Indentured Agreement occurred again. JP Morgan Chase has adversely placed an action against the guarantor/creditor of the security. 

With the information released on the XXXX XXXX XXXX XXXX website, the prospectus details how JP Morgan Chase processes the securities. A collateral security in the form of a note, which is any debt security, auto loan note, credit card receivables, and convertible stocks, which are obtained through access to the guarantors trust, by way of the social security number and signature on the security instrument. The contract signed by the guarantor, XXXX XXXX, conveys that JP Morgan has a security interest in the transaction. These security instruments are pooled, with the rights of the Holder, transferred, and sold on the primary and secondary markets. These notes, according to the Prospectus report, are pledged to the U.S. Treasury and are placed on book-entry according to General Accepted Accounting Principles ( GAAP ), with the Depository Trust Company for positive credit, received each month with a positive billing statement. The security instruments have performed the obligations and as an investor, requesting that the payments, interests, and dividends under the Indentured Agreement be obtained. The origination of the transaction was not perfected, with no interests on the real property. I hereby demand the obligations of the duties of the Trustee to perform and JP Morgan to reverse any adverse action that occurred as violation of the policies of their agreement and the Uniform Commercial code. Pursuant to UCC 5-108, UCC 9-311 , UCC 9-313, UCC 9-305, UCC 3-603-604, UCC 9-312, UCC 3-206 , UCC 12 347 , UCC 3-203, & 18 U.S.C 8. 

https : XXXX https : XXXX

Company response to consumer: Closed with explanation