Consumer complaint received 2024-12-11 00:00:00
Product: Debt collection — Credit card debt
Issue: Attempts to collect debt not owed — Debt is not yours
Company: JPMORGAN CHASE & CO.
State: GA

Complaint narrative:
SENT VIA CERTIFIED MAIL XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX : Formal Demand for IRS Form 1099-C Issuance, Assignment Contract, and Compliance with HJR-192 To Whom It May Concern, This letter serves as a formal demand regarding my account, Account Number : XXXX, associated with the XXXX XXXX  ( XXXX XXXX XXXX ). I request that JPMCB provide the following documentation and take immediate corrective actions : XXXX. Issuance of IRS Form 1099-C : As required under 26 U.S.C. 6050P, I demand the issuance of IRS Form 1099-C to document the cancellation of the alleged debt in the amount of {$3800.00}. 
XXXX. Assignment Contract or Related Documentation : Provide a certified copy of the assignment contract and all supporting documentation establishing JPMCB 's authority over the referenced debt, including evidence of presentment of the bonded bill of exchange submitted as payment. 
3. Processing of Tendered Payment : Process the bonded bill of exchange as tendered for settlement and credit my account in accordance with the instructions provided in my prior communications. 
XXXX. Correction of Reporting Errors : Correct all inaccuracies on my credit report, including the improper charge-off designation associated with this account. 
________________________________________ Statement of Facts Fact XXXX : Notice of Duress and Protest I have been compelled to act under duress and protest because JPMCB failed to process my tendered payment submitted in the form of a bonded bill of exchange/negotiable instrument. This failure has forced me to make payments under Federal Reserve Notes despite my prior settlement attempt. 
Fact XXXX : XXXX and Debt Discharge Under House Joint Resolution XXXX ( XXXX ), creditors can not demand payment in any specific form of currency. This mandates the discharge of debts using lawful tender, which includes negotiable instruments such as bonded bills of exchange. JPMCB 's refusal to honor this tender contravenes this principle. 
Fact XXXX : Offer to Contract and Coercion The billing statement constitutes an offer to contract. The rejection of my tendered payment amounts to coercion, requiring performance on a potentially voidable contract under contract law principles. 
Fact XXXX : Legal Doctrine on Duress Per the Restatement ( Second ) of Contracts XXXX, coercion invalidates a contract when assent is induced by an improper threat, leaving the victim no reasonable alternative. 
Fact XXXX : Allegations of Extortion Under 18 U.S.C. 1951, the coercion to part with Federal Reserve Notes constitutes extortion. JPMCB has no lawful basis to demand payment in any specific coin or currency. 
________________________________________ Relevant Laws and Provisions Federal Laws 1. 26 U.S.C. 6050P : Requires the issuance of Form 1099-C for canceled debts.

2. 18 U.S.C. 8 : Defines obligation or other security of the United States.

3. 18 U.S.C. 1951 : Prohibits extortion, including coercion involving financial transactions.

4. 18 U.S.C. 1961 : Addresses racketeering activities, including fraudulent debt collection practices ( RICO ).

5. 15 U.S.C. 1601 : Ensures the accurate disclosure of credit terms under the Truth in Lending Act.

6. 15 U.S.C. 1681n : Provides statutory damages for noncompliance with the Fair Credit Reporting Act.

7. 15 U.S.C. 1692g : Mandates debt validation and prohibits abusive debt collection practices under the Fair Debt Collection Practices Act.

Uniform Commercial Code ( UCC ) 1. UCC 3-603 : Specifies that a tender of payment discharges payment obligations when refused.

2. UCC Article 9 : Governs secured transactions and establishes rights related to negotiable instruments. 
XXXX ( XXXX ) Prohibits creditors from demanding payment in a specific currency and permits the discharge of debts using lawful tender. 
________________________________________ Expectations and Legal Basis The following laws, regulations, and doctrines support my demands : XXXX. Fair Credit Reporting Act ( 15 U.S.C. 1681 ) : Failure to correct inaccurate reporting may result in statutory damages.

2. Truth in Lending Act ( 15 U.S.C. 1601 ) : Requires accurate disclosure and communication of account terms.

3. Fair Debt Collection Practices Act ( 15 U.S.C. 1692g ) : Mandates validation of debts.

4. HJR-192 ( XXXX  ) : Debts must be discharged using lawful tender, including negotiable instruments.

5. 18 U.S.C. 1961 ( RICO ) : Addresses improper and fraudulent financial practices.

________________________________________ Notice of Intent If the requested documentation and corrections are not provided within 30 days of receipt of this letter, I will pursue the following actions : 1. File formal complaints with the : o Consumer Financial Protection Bureau ( CFPB ) o Federal Trade Commission ( FTC ) o Internal Revenue Service ( IRS ) 2. Initiate legal proceedings to enforce my rights and recover damages. 
Thank you for your immediate attention to this matter. I trust you will act in good faith to resolve these issues without delay. 

______________________________________XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company response to consumer: Closed with explanation