Consumer complaint received 2025-07-16 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt is not yours
Company: Sequium Asset Solutions, LLC
State: IL

Complaint narrative:
Debt Validation Letter to Sequium Asset Solutions , LLC XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX, IL, XXXX XX/XX/XXXX XXXX Date : XX/XX/XXXX Sequium Asset Solutions , LLC XXXX XXXX XXXX XXXX, XXXX XXXX XXXX, GA XXXX RE : Formal Debt Dispute and Validation Request under FDCPA Account Allegedly Owed to XXXX To Whom It May Concern, This letter is sent pursuant to my rights under the Fair Debt Collection Practices Act ( FDCPA ), 15 U.S.C. 1692g, and the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681 I am formally disputing the alleged XXXX account you now claim to own or collect on. I hereby request immediate and full validation of this alleged debt. Be advised that a billing statement is not sufficient to validate this debt. Until proper validation is provided, you must cease all collection activity, including reporting to credit bureaus. 

REQUIRED VALIDATION MATERIALS : 1. Proof of Assignment or Ownership Documentation showing the full chain of title for the alleged debt, including all assignments or sales from XXXX to Sequium ( or any intermediary parties ), with dates and signatures. 
2. Original Contract with Complete Address A copy of the original agreement bearing my full legal name and complete residential address, including my apartment number. 
XXXX previously provided a copy of this contract, but it was incomplete and invalid, as it did not include my full address or apartment number. This omission materially affects the validity of the alleged agreement, raising concerns about misidentification, lack of proper notice, and the integrity of the documentation you may rely on. 
Any attempt to validate this debt using such a flawed document is unacceptable under FDCPA standards.

3. Detailed Accounting Breakdown A complete itemization of the alleged balance, including original charges, interest, fees, and how the current balance was calculated.

4. Proof of Licensing in Illinois A copy of your active Illinois debt collection license, including license number, issuing agency, and expiration date.

5. Verification of Legal Standing Evidence you are authorized to collect or own this account, including any servicing or legal agreements with XXXX or prior collectors.

6. Notice of Transfer/Sale Documentation showing when and how I was informed that this alleged debt had been sold or transferred to your company.

Credit Reporting Warning FCRA Violation I am also noting a serious and illegal credit reporting issue : XXXX continues to report this account as a charged-off tradeline, even though they have now assigned or sold this debt to multiple different third-party collection agencies within the same month ( XX/XX/XXXX ). 
This activity results in duplicate reporting, inaccurate furnishing of data, and possible re-aging of the debt, in violation of FCRA 623 ( a ) ( 1 ) ( A ) and the Furnisher Rule under 12 CFR 1022.42.

If you are reporting to any credit bureau, you are doing so on the basis of an unvalidated and disputed debt, which also violates FCRA obligations.

Cease Collection Until Validation Under FDCPA 809 ( b ), you are legally required to cease all collection efforts until you provide full and proper validation of the debt. This includes : Phone calls Letters or emails Credit bureau reporting Failure to comply may result in complaints filed with the Consumer Financial Protection Bureau ( CFPB ), Illinois Attorney General, and Federal Trade Commission ( FTC ). I also reserve the right to pursue legal remedies, including statutory damages up to {$1000.00} per FDCPA violation, and actual damages under FCRA.

Please send all future correspondence in writing only to the address listed above. 

Sincerely, XXXX XXXX

Company response to consumer: Closed with non-monetary relief