Consumer complaint received 2026-03-19 00:00:00
Product: Debt collection — I do not know
Issue: Took or threatened to take negative or legal action — Sued you without properly notifying you of lawsuit
Company: Velocity Portfolio Group
State: CA

Complaint narrative:
1099C request Subject : Request for 1099-C Form and Validation of Debt Written Communication Only I am writing to formally request a 1099-C form ( Cancellation of Debt ) related to the account associated with [ Account Number ] that is currently being reported on my credit report. If this debt has been forgiven, canceled, or settled for less than the full balance, the IRS 1099-C form is required to be filed under 26 U.S.C. 6050P if the amount of canceled debt exceeds {$600.00}. In addition to the 1099-C form, I am disputing the accuracy of the debt and requesting verification in compliance with the Fair Credit Reporting Act ( FCRA ), specifically 15 U.S.C. 1681i ( Reinvestigation of Disputed Information ), and 15 U.S.C. 1681s-2 ( Responsibilities of Furnishers of Information ) . I am entitled to request and receive complete documentation to verify the accuracy and legality of this account 's reporting, and I am invoking my rights under [ Your State ] law to receive proper validation of this debt. Written Communication Only : Please be advised that I am requesting written communication only regarding this matter. I do not wish to receive any phone calls or other forms of communication. Any correspondence should be directed to the address listed above. This request is made pursuant to my right under 15 U.S.C. 1692c ( c ) of the Fair Debt Collection Practices Act ( FDCPA ), which entitles me to request that all communication from you be in writing. Requests for Documentation : 1. 1099-C Form : 2. If the debt has been discharged, forgiven, or settled for less than the full amount, I request that you provide a copy of the 1099-C form filed with the IRS. This form is required when the forgiven amount exceeds {$600.00}. If you have not filed this form, or if you can not provide it, I will assume that the debt has been discharged and should no longer be reported as owed on my credit report. Failure to file the 1099-C may constitute fraudulent reporting of the debt. 3. Authenticated Double-Entry Accounting Records : In addition to the 1099-C, I am requesting full double-entry accounting records for the account in question. This should include a detailed breakdown that shows all transactions, including the original balance, payments, interest, fees, and any other adjustments made to the account. Please ensure that the records comply with standard accounting practices, and provide authenticated evidence of the debt, rather than a simple list of charges or account statements. The court ruling in XXXX v. XXXX, 174 F.3d 394 ( 4th Cir. 1999 ), states that debt collectors must provide verified and authenticated documentation, not merely conclusory statements. 4. Proof of Legal Right to Report and Collect the Debt : I also request authenticated evidence, in compliance with [ Your State ] law, that you have the legal right to report and collect this debt. This should include the original signed contract or agreement showing my obligation to pay the debt and your legal right to enforce collection and report it to the credit bureaus. In XXXX XXXX XXXX, 745 N.E.2d 862 ( Ind. Ct. App. 2001 ), the court held that creditors must provide original signed documentation to prove the validity of a debt. Failure to provide this evidence could result in violations of both state and federal consumer protection laws. Request for Deletion if Evidence is Not Provided : If you are unable to provide the requested documentation or proof of the debt, I request that you immediately delete this account from my credit report in compliance with 15 U.S.C. 1681i and 15 U.S.C. 1681s-2. Under these provisions, you are required to investigate and correct any inaccuracies in the information you report to consumer reporting agencies. Failure to respond to this request, or failure to provide the required documentation, will compel me to take further action. I will file a formal complaint with the Consumer Financial Protection Bureau ( CFPB ), pursue legal remedies, and, if applicable, file a Suspicious Activity Report ( SAR ) with the IRS under XXXX Form XXXX for potential fraud if you continue to report inaccurate or unverified information. Please respond within 30 days of receipt of this letter. I look forward to receiving the requested documentation or confirmation that the account has been deleted from my credit report VALIDATION AND CEASE AND DESISTCollection agency name : Address : Account number : Your NAME : Your address : Dear ( Debt Collector ) I recently received a debt collection notice from your ofice. I am writing to verify that you havecontacted the correct individual and to request that you provide documentation confirming this.Please supply me with a copy of any contract or agreement signed with your company or theoriginal creditor.In accordance with the Fair Debt Collection Practices Act ( FDCPA ), I request the followinginformation:1. 2. 3. 4. 5. The name and address of the original creditor and the current creditor.Verification of the debt amount you are seeking to collect, including evidence thata contract exists creating the amount you claim is owed.Documentation of all assignments showing the transfer of the debt from theoriginal creditor to the current creditor.Proof that the original creditor securitized the debt.Documentation showing the assignments of the debt from the original creditor tothe secured trust and then back to the original creditor.Please cease and desist from collecting on this debt until you have provided validation of thedebt.Additionally, I request that you do not access my credit report or report anything to my creditbureaus. I dispute the validity of this debt amount, and this dispute should be reflected on mycredit report if you have already reported this debt.Permissible PurposePlease state your permissible purpose for accessing my credit information. I dispute your rightto do so.Notification to Other CollectorsI dispute that I owe this debt to you. Should you transfer this debt to another collector, pleaseinform them of my dispute regarding the validity of this debt.Thank you for your prompt attention to this matter amount of XXXX $ velocity XXXX XXXX XXXX XXXX XXXX XXXXXXXX XXXX ca XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company response to consumer: Closed with explanation