Consumer complaint received 2025-05-02 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Other features, terms, or problems — Credit card company forcing arbitration
Company: DISCOVER BANK
State: NY

Complaint narrative:
REGISTER MAIL # : XXXX XXXX XXXX XXXX c/o XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX New York XXXX XXXX ] XX/XX/XXXX TO : Discover Financial Services XXXXXXXX XXXX XXXXXXXX XXXX XXXX XXXX IL XXXX XXXX : Instruction Sheet + Addendum to IRS Form 1099-C Submission Debt Cancellation and Trust Indenture Act Compliance. 

Dear Discover XXXX XXXX XXXX + XXXX XXXX XXXX This letter accompanies IRS Form 1099-C for the cancellation of debt on my account. The 1099C was due to be issued by XX/XX/XXXX. It has not been received resulting in this correspondence. Please ensure the proper processing of this form so I can accurately complete/ amend my tax return, as all cancellations and settled debt must reflect on my 1040 tax filing for the year. 

Request for Proper Remittance and Compliance : 1. Kindly remit the 1099-C to the Treasury Department for proper tax processing.

2. Please forward a copy of the completed 1099-C by the United States Postal Service to me as confirmation of transmission to the Treasury. 

XXXX. Ensure the cancellation is reflected in credit reports as required by the Fair Credit Reporting Act ( FCRA ). 

Account Number ending in : XXXXXXXX XXXX Communication was initiated into your call center for resolve XX/XX/XXXX or XXXX XXXX XX/XX/XXXX. 

There are XXXX or more discrepancies found in the accounting ledger that violate : 15 USC 166b regarding late payments and 15 USC 1681 noting that you must not provide inaccurate information, in addition to 15 USC 1681b ( 2 ) regarding inquiries.

31 USC 1501 Documentary evidence requirement for Government obligations 15 USC 1692 ( e ) ( a ) communication without my 'direct consent. Violating 15 USC 1681n civil liability for willful noncompliance, 15 USC 1681o Civil Liability for negligent noncompliance.

Resulting in, false and misleading representation 15 USC 1692e Lastly, 31 USC 3123 and 3124 regarding payment obligation, the faith of the United Sates government pledges to pay in legal tender principal and interest on the obligations of the government issued chapter the Secretary of Treasury is responsible for paying interest due or accrued on public debt and Exemption from taxation.

According to IRS Regulations ( 26 U.S. Code 6050P ) - Creditors must issue a Form 1099-C when they cancel a debt of {$600.00} or more. This applies to auto loans, credit cards, and other consumer debts.

Fair Credit Reporting Act ( FCRA ) ( 15 U.S. Code 1681c ) - Ensures accurate reporting of canceled debts. Credit bureaus must update your report if a lender reports a debt as canceled or settled.

Truth in Lending Act ( TILA ) ( 15 U.S. Code 1601 ) - This requires lenders to disclose loan terms, interest rates, and fees. If an auto loan is forgiven, lenders must update loan records accordingly. 

Fair Debt Collection Practices Act ( FDCPA ) ( 15 U.S. Code 1692e ) - Prohibits debt collectors from misrepresenting a discharged auto loan as still owed. If debt was canceled and still reported as active, it could be a violation.

4. Please update my credit report to show the debt as Canceled or Settled per IRS and FCRA guidelines.

Provide written confirmation of this correction within 30 days.

If no Form 1099-C was issued, clarify why the loan is still being reported as owed. I also request that the securities be deposited into my XXXX Account as per my instructions. XXXX XXXX, Router Number : XXXX Account Number : XXXX Trustee Information : Trust Name : XXXX XXXX XXXX XXXX I Trustee : XXXX XXXX XXXX XXXX Address : XXXX XXXX XXXX, XXXX, OH XXXX I appreciate your prompt attention to this matter and request confirmation of compliance with the instructions above. Please confirm receipt and compliance with these instructions. Feel free to contact me : c/o XXXX XXXX XXXXXXXX XXXX XXXX XXXX XXXX XXXX NEW YORK XXXX XXXX ] NON DOMESTIC. PHONE : XXXX. 


Sincerely XXXX XXXX : XXXX Attached : 1099C- Instruction Letter 1099C partially completed form. Please be sure to complete the blank areas for reporting accuracy. 

AND A BOND

Company response to consumer: Closed with non-monetary relief