Consumer complaint received 2025-09-08 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Incorrect information on your report — Account information incorrect
Company: Absolute Resolutions Corp.
State: CA

Complaint narrative:
On XX/XX/year>, I sent Absolute Resolutions Investments , LLC a certified demand letter invoking my legal rights as a debtor under UCC 9-210, requesting a certified accounting of an alleged debt of {$10000.00}. This included a formal request for certified ledger transactions, general ledger entries, loss deficit reports, red and black entries, and certified financial statements that could demonstrate that a legitimate financial loss or damage had been sustained by the alleged creditor.

Under UCC 9-210, as the secured party, Absolute Resolutions has a fiduciary obligation to respond to my formal request. As the debtor, I exercised my legal right to request an accounting of the obligation they claim exists. To date, they have failed to comply within the required 14-day statutory period, and no such certified audit or financial proof has been provided. 

This failure to respond constitutes a failure to meet the legal burden of proof for enforcing any claim of debt. Without certified accounting, the only legally recognizable balance is a credit balance in the amount of {$10000.00}, which under 15 U.S. Code 1666d must be returned as a refund. Any further collection activity on an unverified or fictitious debt becomes legally questionable.

Moreover, if no financial loss has occurredand if no verified chain of title, general ledger, or certified audit from a licensed accountant can be providedthe continued attempt to collect this alleged debt may constitute : Mail Fraud ( 18 U.S.C. 1341 ) : Using the U.S. Postal Service to pursue a fictitious debt.

Wire Fraud ( 18 U.S.C. 1343 ) : Communicating by electronic means ( calls, emails, etc. ) to enforce a non-existent obligation.

False Credit Reporting ( 15 U.S.C. 1681 ) : Reporting a credit balance as a delinquent debt on consumer credit reports.

Violation of Disclosure Obligations ( 15 U.S.C. 1601 et seq. ) : Misrepresenting the nature of the account balance and failing to disclose material facts.

Unfair and Deceptive Practices ( 15 U.S.C. 45 ) under the Federal Trade Commission Act : Misrepresenting a credit balance as a delinquent debt and refusing refund obligations. 

Violation of XXXX ( XXXX XXXX XXXX XXXX ) : Refusal or inability to produce auditable financial statements violates basic financial reporting standards. 

I believe this behavior demonstrates a systemic pattern of unfair, deceptive, and potentially fraudulent business conduct, and I am requesting a full investigation.

Summary of Included Legal Grounds : UCC 9-210 : Secured party must comply with certified accounting requests from a debtor.

15 USC 1666d : Credit balances must be refunded.

15 USC 1681 : Fair Credit Reporting Act violations for false reporting.

15 USC 1601 : Truth in Lending Act disclosure violations.

15 USC 45 : FTC Act prohibiting unfair/deceptive practices.

18 USC 1341 & 1343 : Mail and wire fraud for using deceptive means to collect. 

XXXX : Lack of proper accounting violates accepted standards.

Company response to consumer: Closed with explanation