Consumer complaint received 2024-04-29 00:00:00
Product: Debt collection — Other debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Penn Credit Corporation
State: MI

Complaint narrative:
Penn Credit Corporation has sent a debt validation letter received on, XX/XX/XXXX. The letter indicates they are attempting to collect on a debt owed. The Credit collection agency advises they are collecting on behalf of XXXX XXXX. As indicated in a prior CFPB complaint # XXXX with debt collection agency, XXXX XXXX XXXX who attempted to collect on the same debt from XXXX was advised the Account with XXXX has been CHARGED OFF AS A LOSS. A charged off debt can not be collected for the amount Penn Credit Corporation is attempting to collect. A charged off is according to IRS publications is a Certificate of Indebtedness, which means it is income. This income is to be reported on a federal income tax, I am not to send your company Penn Credit Corporation nothing. I do not owe you and DO NOT HAVE ANY CONTRACTUAL AGREEMENT THAT INDICATES I OWE YOU OR HAVE TO PAY YOU ANYTHING. Your company is a non-affiliate third party of XXXX XXXX illegally you have accessed my non-public information from XXXX in XXXX breach of contract with myself. Your company Penn Credit Corporation has illegally received my non-public information violating my rights of privacy within the Privacy Act of 1974. I believe Penn credit Corporation has received my information from First collection Agency, after there attempts to collect on the debt was disputed/deleted and removed. I will say this if your company Penn Credit Corporation sells my non-public information to another collection agency I WILL SUE YOUR COMPANY FOR DAMAGES AND VIOLATIONS PURSUANT TO YOUR COMPANIES VIOLATIONS WITHIN THE FDCPA. I REPEAT IF MY INFORMATION IS SOLD I WILL SUE YOUR COMPANY FOR SELLING MY NON-PUBLIC INFORMATION WITHOUT MY CONSENT OR PERMISSION PURSUANT TO MY RIGHTS OF PRIVACY of the Privacy act of 1974. Please note your company is a non governmental entity and you are not to have my information unless I give you permission to have it. There is no balance with XXXX has I stated the account was charged off as a LOSS. A Cancellation of debt was administered to the IRS for this debt. Penn credit corporation is illegally attempting to receive assets/ funds illegally attempting to collect on a debt that has been cancelled. The original debt validation letter your company Penn credit corporation has sent me highlights several violations pursuant to the FDCPA. I am attaching the letter, I have also attached the CFPB complaint XXXX, that indicates another company has attempted to collect on this debt. Both collection agency companies and XXXX are participating in money laundering. As I stated XXXX has charged off this debt I OWE YOUR COMPANY PENN CREDIT CORPORATION NOTHING. I DISPUTE THIS INFORMATION YOU SENT AND IF MY INFORMATION IS SOLD TO ANOTHER I WILL FILE A LAWSUIT AGAINST YOUR COMPANY. I have attached the violations pursuant to your company Penn Credit Corporation on the letter you all sent dated XX/XX/XXXX. I am willing based upon your companies violations of the FDCPA to settle your civil liabilities. I ASK THAT YOU READ THE LETTER ATTACHED AND TAKE CARE OF THESE MATTERS DUE TO YOUR COMPANIES FALSE AND MISLEADING PRACTICES.

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation