Consumer complaint received 2025-06-29 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Portfolio Recovery Associates, LLC
State: CA

Complaint narrative:
DISPUTE OF DEBT & DEMAND FOR VERIFICATION TO : XXXX FROM : XXXX XXXX XXXX XXXX Address : c/o XXXX XXXX XXXX XXXX DOB : XX/XX/XXXX Date : XX/XX/XXXX RE : Formal Dispute of Alleged Debt and Demand for Verification This letter serves as a lawful dispute and demand for validation under 15 U.S.C. 1692g ( b ), in response to your collection attempts regarding an alleged debt that has been assigned or sold to your agency.

I hereby dispute the validity, amount, and legal enforceability of this alleged obligation. You are now on notice that I demand full and complete validation, not mere recitation of previous balance summaries.

You are required by law to cease all collection activity until full verification is provided, including : 1. The original signed agreement allegedly binding me, 2. Proof of lawful consideration extended by the original creditor ( UCC 3-303 ( b ) ), 3. Full GAAP/FASB-compliant accounting showing what was loaned, risked, or transferred, 4. Chain of custody/assignment, proving your agency has standing to collect, 5. Evidence of creditor status, not servicer or proxy, and 6. Proof that the debt has not been : o Charged off and monetized, o Canceled and reported to the IRS ( 1099-C ), or o Previously sold or securitized, thereby discharging the obligation. 


XXXX. No Lawful Consideration = No Debt Under UCC 3-303, a negotiable instrument is not valid unless value was given. If the original loan or account was funded by the monetization of my signature, and your client never risked its own capital, there exists no valid claim for repayment.

2. Constructive Fraud and Unjust Enrichment If the creditor retained or monetized my original agreement as a receivable or financial asset, and you now demand payment without having extended value, this constitutes constructive fraud and unjust enrichment.

III. NON INJURIS VOLENTI FIT INJURIA He who consents can not be injured.

I do not consent to an unconscionable transaction. If value was never provided, and the agreement was materially misrepresented at inception, any injury claimed by you is the result of your or your clients own defective transaction, not my willful action.

You may not enforce an obligation arising from : Fraud in the factum, Failure to disclose the source of funds, Breach of fiduciary duty, or Mischaracterized equity claims disguised as debts.

You are further required under 15 U.S.C. 1681s-2 ( b ) to ensure that all credit information furnished is accurate, verifiable, and complete. Until full validation is provided, you may not : Report this tradeline to credit bureaus, Threaten to report it, Reinsert deleted information without proper notice, or Continue attempts to collect in violation of law. 

You have XXXX XXXX to provide the following : XXXX. Full validation of debt, with original contract and proof of consideration 2. GAAP/FASB-compliant accounting showing entries from inception 3. IRS filings ( 1099-C, 1099-A or 1099-OID, if applicable ) 4. Chain of title and legal assignment to your agency 5. Immediate cessation of collection activity until all of the above are produced 6. Deletion of any tradeline you have furnished to Experian,

Company response to consumer: Closed with non-monetary relief