Consumer complaint received 2024-12-03 00:00:00
Product: Mortgage — Conventional home mortgage
Issue: Struggling to pay mortgage — Foreclosure
Company: ALLIANT CREDIT UNION
State: CO

Complaint narrative:
Entity Complained About : Alliant Credit Union XXXXXXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Complaint Type : Unlawful Debt Collection Practices Nature of Complaint : Fraudulent Debt Contract and Violation of the XXXX XXXX and Corrupt Organizations ( XXXX ) XXXX Summary of Allegations I am filing this complaint against Alliant Credit Union for engaging in unlawful debt collection practices that violate federal law, including the XXXX statute. Alliant Credit Union knowingly participated in a scheme involving fraudulent debt instruments, resulting in the XXXX and auction of my home. These actions constitute a deliberate and egregious violation of my rights as a consumer and federal statutes. 

XXXX XXXX XXXX XXXX XXXX Alliant Credit Union has sought to collect a debt based on contracts I allege are fraudulent. These contracts rely on banking practices designed to impose unpayable obligations, thereby creating a predictable cycle of default. 

Unlawful Auction of My Home In XX/XX/XXXX, Alliant Credit Union participated in the forced auction of my home through XXXX XXXXXXXX XXXX This occurred despite my documented objections and evidence submitted to the courts challenging the validity of the underlying debt. 

Knowledge of Fraudulent Activity I provided Alliant Credit Union with substantial evidence contesting the debts legitimacy, including affidavits and detailed correspondence. Despite this, they continued their collection efforts, demonstrating willful participation in a fraudulent scheme. 

Violation of XXXX XXXX - Alliant Credit Unions actions constitute the collection of unlawful debt under 18 U.S.C. 1962 ( c ). 
- The institutions persistent attempts to enforce a fraudulent contract reflect a pattern of racketeering activity, meeting the legal definition under the XXXX XXXX. 
- These actions, in coordination with other entities such as the XXXX XXXX government, reveal a concerted effort to profit from illicit financial practices. 

Why the Debt Collection is Unlawful Alliant Credit Unions debt collection efforts are unlawful for the following reasons : - Fabricated Loan and XXXX XXXX XXXX XXXX Alliant Credit Union has refused to provide proof of lawful consideration for the loan upon request. Without this proof, it is reasonable to conclude that the alleged loan was fabricated on their balance sheet, meaning no real funds were ever extended to me. As a result, Alliant Credit Union can not demonstrate that they suffered any actual loss and therefore have no legal standing to pursue debt collection or seek a remedy through this process. 

- XXXX and XXXX Practices The underlying debt is predicated on usurious banking practices that guarantee default, rendering the debt fraudulent and unenforceable. 
- Disregard for Evidence and Federal Law Despite being provided with clear evidence of the debts invalidity, Alliant Credit Union persisted in its collection efforts, violating federal protections against predatory lending and unfair debt collection practices. 

Violation of the XXXX Statute By continuing to enforce an illegitimate obligation despite awareness of its fraudulent nature, Alliant Credit Union engaged in actions prohibited under XXXX. This includes the unlawful XXXX of property and collusion with other entities to profit from the fraudulent scheme. 

Relevant Penalties Under XXXX Under the XXXX Act, individuals or organizations found guilty of XXXX XXXX face severe penalties, including : - A maximum of 20 years in XXXX for those involved. 
- Fines up to {$250000.00} or double the amount of the proceeds derived from the criminal activity. 
- Enhanced sentences in cases of severe or ongoing violations. 
- These penalties underscore the gravity of Alliant Credit Unions actions and highlight the urgent need for enforcement. 

Documentation of Evidence I can provide the following evidence upon request : - Correspondence with Alliant Credit Union disputing the debt. 
- Court-filed affidavits challenging the debts validity. 
- Records of Alliant Credit Unions involvement in the auction of my home. 
- Documentation submitted to the Consumer Financial Protection Bureau and other agencies regarding this matter.

Company response to consumer: Closed with explanation