Consumer complaint received 2025-12-19 00:00:00
Product: Debt collection — Other debt
Issue: False statements or representation — Attempted to collect wrong amount
Company: Oliphant United, Inc.
State: NV

Complaint narrative:
Consumer Financial Protection Bureau ( CFPB ) Nevada Attorney General Bureau of Consumer Protection Re : Complaint Regarding Deceptive Debt Collection Practices Introduction I am submitting this complaint to document deceptive and unlawful debt collection practices involving XXXX XXXX, Oliphant Financial, and Accelerated Inventory Management ( XXXX  ). These entities have engaged in misrepresentation, failure to validate debts, and attempts to collect amounts beyond legally negotiated settlements. Their conduct violates the Fair Debt Collection Practices Act ( FDCPA ), the Fair Credit Reporting Act ( FCRA ), and Nevada Revised Statutes ( NRS ) Chapters 598 and 649. 
Background I entered into a legally binding settlement agreement with XXXX XXXX, with payments made through an escrow account managed by my debt settlement company. Documentation of the settlement agreement and escrow payments is attached. 
Despite this agreement, Oliphant Financial began collection efforts, demanding substantially more than the negotiated settlement and failing to provide reconciliation or chain of custody documentation. 
Accelerated Inventory Management ( XXXX ) has also been identified in consumer complaints as a debt buyer that aggressively sues consumers without proper documentation, often misrepresenting balances and ownership of debts. 
Allegations 1. Failure to Honor Settlement Agreements o XXXX XXXX negotiated a binding settlement, yet Oliphant Financial disregarded its terms and attempted to collect more than agreed. 
o This violates Nevada law requiring collectors to honor legally binding contracts. 
2. Misrepresentation of Debt Balances o Oliphant Financial reported inflated balances to credit bureaus and attempted to collect amounts beyond the settlement. 
o XXXX has been documented as suing for full balances of charged-off debts purchased at discount, misleading consumers. 
3. Failure to Provide Chain of Custody and Validation o Oliphant Financial has not provided proof of assignment from XXXX XXXX or reconciliation of the debt. 
o XXXX and XXXX have been cited in consumer complaints for failing to validate debts before pursuing collection. 
4. Deceptive and Aggressive Collection Practices o Consumers report harassment, unresolved complaints, and aggressive lawsuits by these entities. 
o These practices constitute deceptive trade practices under NRS 598 and unlawful collection conduct under NRS 649.

Violations FDCPA : Misrepresentation of debt amounts, failure to validate, continued collection without proof.

FCRA : Furnishing inaccurate information to credit bureaus.

Nevada Law ( NRS 598 & 649 ) : Deceptive trade practices, failure to honor settlement agreements, misrepresentation of balances. 
Requested Relief I respectfully request that the CFPB and Nevada Attorney General : 1. Investigate the practices of XXXX XXXX, Oliphant Financial, and Accelerated Inventory Management. 
2. Require these entities to honor legally binding settlement agreements.

3. Compel correction or removal of inaccurate credit reporting.

4. Impose penalties or sanctions for violations of FDCPA, FCRA, and Nevada law.

Company response to consumer: Closed with explanation