Consumer complaint received 2024-12-13 00:00:00
Product: Debt collection — I do not know
Issue: Attempts to collect debt not owed — Debt was paid
Company: Lloyd & McDaniel, PLC
State: OH

Complaint narrative:
Lloyd and McDaniel, PLC purchased a paid off account with my name on it and is fraudulently trying to collect on a debt that has already been paid off. Since the original creditor, XXXX XXXX XXXX  did not bother to sign the letter that they sent to me and take any responsibility for this claim, I can deem their claim fraudulent for a couple of reasons. 

Reason # 1 ) This is a trust action. By taking my SS # the original creditor was given consent by the beneficiary of the trust to access the trust for payment. Any additional payment is double dipping and illegal. In the original contract it clearly stated that my information would not be shared with any non-affliates. This account has be sold and bought 3 times unlawfully and that I am owed {$1000.00} dollars per each violation of my privacy. Which means not only was I violated under the Privacy Act, but also under the terms and conditions which they granted to me at the time of the account being opened for a year and 6 months. That total amount adds up to {$18000.00}. 

Reason # 2 ) Per public law 73-10 the US Treasury is to handle all public debts due to the eliminating of gold coinage and gold clauses and contracts. 

Reason # 3 ) They purchased alleged debt which in itself discharged the debt, then you claimed the debt and it became a tax write off for you. Not to mention your company is not legally allowed to collect an alleged debt in the state of OHIO, including your third-party debt collection bond. 



They can not make any claim of equal consideration and thus have zero legitimacy to call for a tender of payment. According to the UCC 8-102 Indorsement means a signature that alone or accompanied by other words is made on a security certificate in registered form or on a separate document for the purpose of assigning, transferring, or redeeming the security or granting a power to assign, transfer, or redeem it. Which means my original wet ink signature is worth the value on the form I signed with said initial creditor on the day that I allegedly signed it. 



It itself became a security and has the same monetary value as written on it as if it were Federal Reserve Notes. My alleged signature paid for the loan received, as proof you bought said debt because it has value. Meaning the form, I allegedly filled out with my signature was redeemed as per UCC 8-102 defined above.

Any further attempts to get me to contract with them will be a violation of 18 USC 1341 Frauds and Swindles and will be reported to the authorities. And while we are on the subject of fraud ; I have informed them that they are responsible to provide me with the Cusip number of the debt securities you are profiting from on the primary and secondary markets, so that I may deposit my 80 % of earnings via check to the address that they have on file that you have unlawful obtained and unlawfully attempting to collect from. According to their prospects form, their company agreed that said securities would not be added to the secondary market, which would constitute securities fraud.

Company response to consumer: Closed with explanation