Consumer complaint received 2025-05-10 00:00:00
Product: Money transfer, virtual currency, or money service — Money order, traveler's check or cashier's check
Issue: Confusing or missing disclosures — 
Company: OneMain Finance Corporation
State: IN

Complaint narrative:
Subject : Urgent Complaint and Notice of Opportunity to Cure Onemain Financial Breach of Indenture, Mishandling of Treasury Tender, POA Revocation, and Failure to Acknowledge Redemption and Accounting Duties under TIA and UCC To Whom It May Concern : Pursuant to 15 U.S.C. 77ppp ( TIA 316 ( b ) ), the undersigned, as lawful beneficiary and holder in due course, hereby asserts the following formal complaint against Onemain Financial, who is now in breach of trust indenture obligations, having failed to account for, credit, or return original financial instruments tendered in lawful redemption. 

The trust submitted a properly endorsed certificate bearing the necessary Treasury CFR redemption stamp, duly notarized and witnessed, accompanied by a U.S. Treasury presentment stamp and authenticated via notarial act dated XX/XX/year>XXXX  in XXXX XXXX, Indiana. 

Despite these formalities and protections : 1. Redemption Was Lawfully Tendered Original Instrument Retained Without Credit An endorsed certificate bearing lawful indicia of redemption and transfer was surrendered to Onemain in accordance with their indenture and the UCC.

The institution retained the original instrument, thereby unlawfully withholding the trusts security while failing to credit the account or disburse proceeds. 
Under the Trust Indenture Act, this is a direct breach of the unconditional right to receive principal and interest and a violation of SEC Rule 193 protections.

2. Demand for Full Accounting XXXX XXXX IRS Audit Disclosure Now Required The trust demands full accounting of proceeds tied to the instrument, including disclosure of any XXXX, bond issue, or security instrument registered against the estate or account. 
The institution must provide all filed 1099A, 1099B, and 1099-OID forms associated with this account or issued on behalf of the estate or the undersigned.

A 1099-A was tendered to Onemain and accepted by the IRS. Onemain has failed to respond, disclose disbursement, or fulfill its obligation as reporting agent.

Any delay or refusal to comply will result in escalation to the Office of the Inspector General ( OIG ), Postmaster General ( form 211 and Form 3949-A ), a XXXX  complaint , and an independent audit on this account.

3. Notice of Power of Attorney Revocation All Authority Withdrawn Let this also serve as reaffirmation that any Power of Attorney or agent-level authorization formerly held or assumed by Onemain is revoked in total, including but not limited to : Authorization to trade, assign, sell, or transfer any security associated with the name or estate of XXXX XXXX XXXX 
Authority to use any grantor trust instruments or principal signature privileges on behalf of the undersigned.

Right to securitize or convert notes without full disclosure and consent. 

The original revocation letter was presented, and this document reconfirms that any POA previously granted is rescinded and terminated. Any further activity under such revoked authority constitutes constructive fraud and unlawful conveyance. 



Conclusion & Remedy Demand This is a formal Notice of Opportunity to Cure. Onemain has 21 days from receipt of this complaint to : 1. Credit the account in full in accordance with the terms of redemption.

2. Return the original instrument or provide XXXX and security details to verify lawful handling. 
3. Provide all filed 1099A, 1099B, and 1099-OID forms issued or reported by or on behalf of the trust.

4. Acknowledge POA revocation and cease any unauthorized activity involving the estate or instrument.

5.Acknowledgement of the rescission of security interests & proceeds including the right to transfer.

Failure to comply will trigger immediate reporting to : Internal Revenue Service via Form 3949-A United States Postal Inspection Service via Form 211 Whistleblower XXXX  XXXX XXXX XXXX XXXX XXXX ) A formal forensic audit into account and trust security activity This complaint is submitted under full commercial and lawful capacity, witnessed by notarial act, and is binding upon presentment. No waiver is implied. I reserve all equitable rights, titles, and interests under the Uniform Commercial Code and applicable trust law

Company response to consumer: Closed with explanation