Consumer complaint received 2025-05-06 00:00:00
Product: Credit card — General-purpose credit card or charge card
Issue: Problem with a company's investigation into an existing problem — Their investigation did not fix an error on your report
Company: WELLS FARGO & COMPANY
State: NJ

Complaint narrative:
This complaint serves as a final, non-negotiable demand and formal notice of liability to Wells Fargo Bank, N.A., and its acting counsel, XXXX XXXX XXXX, XXXX. Your continued unlawful reporting and litigation efforts concerning the account ending in XXXX are not only knowingly false, reckless, and injurious, but constitute willful violations of federal law, tax regulations, securities protocols, and judicial ethics. You have been placed on repeated notice of the discharge and settlement of the alleged debt via IRS Form 1099-C , and your deliberate refusal to acknowledge this constitutes bad faith, fraud upon the court, and a blatant abuse of the legal process. This correspondence demands immediate corrective action and puts you on formal notice that any further misconduct will be met with swift federal legal action, regulatory escalation, and full public exposure of your fraudulent activities. 

I. DEMAND FOR DELETION & IRS 1099-C TAX RESOLUTION Wells Fargo is in receipt of the Copy C IRS Form 1099-C confirming officially discharge and settlement of this alleged account, giving notice the IRS has formally processed this cancellation of debt for the calendar year ending XXXX. Therefore, any continued reporting of a balance over {$0.00} is inaccurate, incomplete, and materially misleading, constituting a willful violation of the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681s-2 ( a ) ( 1 ) ( A ). The matter has now escalated into a tax issue between Wells Fargo and the Internal Revenue Service. You are hereby ordered to immediately delete all trade-line reporting related to this account from all consumer reporting agencies within 72 hours of this notice.

II. SECURITIZATION & FRAUD UPON THE COURT As detailed in your Exhibit XXXX - Receivables Purchase Agreement dated XX/XX/XXXX, Wells Fargo sold and securitized its credit card receivables to WF Card Funding, LLC, which then transferred them to the WF Card Issuance Trust. Pursuant to this securitization : Wells Fargo is no longer the real party in interest or the holder in due course of the alleged debt.

All right, title, and interest in the receivables have been permanently sold and assigned under Article II of the agreement. 

Any attempt by Wells Fargo or XXXX XXXX XXXX, XXXX. to collect or litigate on a debt they no longer own constitutes fraud upon the court, unjust enrichment, and vexatious litigation. 

By continuing litigation under these conditions, Wells Fargo and XXXX XXXX XXXX are co-conspiring to misrepresent material facts and lack standing under Fed. R. Civ. P. 17 ( a ).

A party must assert its own legal rights and interests, and can not rest its claim to relief on the legal rights or interests of third parties. Warth v. Seldin, 422 U.S. 490, 499 ( 1975 ).

Litigation commenced without standing is a nullity and is subject to dismissal. Lujan v. Defenders of Wildlife, 504 U.S. 555, 56061 ( 1992 ).

III. DAMAGES & DEMAND FOR DISMISSAL I hereby demand the immediate dismissal of any and all claims currently being pursued in connection with this account. The continued false reporting and litigation have caused significant harm including : Defamation of character Injury to creditworthiness Personal and financial damages Emotional distress from defending a frivolous action Accordingly, I am demanding compensation in the amount of {$35000.00} USD in damages and restitution, which reflects the cumulative harm, injuries, and costs resulting from your unlawful actions and failure to correct the record after the issuance and processing of IRS Form 1099-C.

IV. NOTICE OF NON-COMPLIANCE AND ADMISSION BY SILENCE Let it be known that any further evasive, dismissive, or non-substantive responses by Wells Fargo will be construed as acquiescence and tacit admission to the facts and claims stated herein, pursuant to legal doctrines of estoppel and silent acquiescence. Your silence, or failure to address these specific demands and material facts, will serve as a binding evidentiary admission of wrongdoing. 

You are formally demanded to : Immediately delete the account ending in XXXX from all consumer reporting agency files. 

Cease and desist all litigation and collection activity regarding the account.

Remit compensation in the amount of {$35000.00} USD for damages within ten ( 10 ) days of receipt of this notice.

Provide a written response acknowledging each item addressed herein.

Failure to comply will result in escalation to federal court for claims under the FCRA, FDCPA, 18 U.S.C. 1341 ( mail fraud ), 15 U.S.C. 77q ( securit
ies fraud ), and 18 U.S.C. 1028 ( identity theft ). Additionally, notice will be provided to the Securities and Exchange Commission ( SEC ), Internal Revenue Service ( IRS ), Consumer Financial Protection Bureau ( CFPB ), and Office of the Comptroller of the Currency ( OCC ).

Govern yourselves accordingly.

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation