Consumer complaint received 2025-06-26 00:00:00
Product: Debt collection — Auto debt
Issue: False statements or representation — Attempted to collect wrong amount
Company: Riverwalk Financial Corporation
State: OH

Complaint narrative:
XXXXXXXX XXXX debt and was paid, then charged off account and continued to report on credit report unlawfully and criminally. XXXX  was unjustly enriched post criminal theft of equitable property, never filed 1099c with IRS equating to TAX FRAUD in colllusion and conspiracy with XXXX XXXX XXXX in historical, ongoing and likely to continue unfair debt collection practices, GAAP, TILA, FCRA, 16 92 F B frauds and swindles ongoing to date. Company refused to provide original wet ink contract, chain of title, 1099 with proof of service, proof of assignment and ownership, XXXX XXXX XXXX numbers related to bond creations under XXXX XXXX XXXX XXXX securitization of cancelled " charge off '' debt which are post acqusition validations scams where 3949a, 4506t, 1099c has been filed with IRS with request for audit and criminal prosecution and payment of market value of stolen vehicle.related to the following admission of XXXX in CFPB Complaint reference number XXXX of Unlawful, Unfair, and Deceptive Acts or Practices : Deville Asset Management has engaged in unfair, deceptive, and criminal debt collection activity in violation of multiple federal statutes, in conspiracy with XXXX XXXX. Specifically, Deville has : Continued reporting a debt on my credit report that was securitized, paid in full, and subsequently charged off, which constitutes false, misleading, and fraudulent reporting under the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681 et seq., and Fair Debt Collection Practices Act ( FDCPA ), 15 U.S.C. 1692 et seq. 

Refused to validate the debt by failing to provide : The original wet ink contract Chain of title and lawful assignment 1099-C tax cancellation documentation and proof of service XXXX  numbers or bond instruments associated with the account, which was securitized post-acquisition, making the account an investment security.

Committed tax fraud and unjust enrichment by failing to issue IRS Form 1099-C, despite having discharged or charged off the debt. This violates IRS regulations and Internal Revenue Code provisions related to debt discharge reporting.

Engaged in fraudulent debt collection tactics by attempting to validate a previously securitized and canceled debt, which has been previously reported to the IRS through : Form 3949-A ( Suspected Tax Fraud Report ) Form 4506-T ( Request for Tax Return Transcript ) IRS audit request for potential criminal liability and market value compensation for the unlawfully seized/stolen vehicle tied to the original alleged account. 

The collection activity by Deville is in direct collusion with XXXX XXXX / XXXX, whose own admission is part of CFPB Complaint Ref. No. XXXX. The continued activity reflects systemic violations of GAAP, TILA ( Truth in Lending Act ), FCRA, FDCPA, and 18 U.S.C. 1341, 1343, and 1344 ( " frauds and swindles '' ), particularly as they relate to securitization fraud and credit reporting of phantom debts. 

This appears to be a scheme to defraud involving fraudulent post-acquisition validation of canceled obligations with no legal standing, based on non-existent ownership, for the purpose of extracting payment from a consumer despite discharge. 

Relief Requested : Immediate cessation of credit reporting and deletion of the account from all credit bureaus.

Full accounting and disclosure of : Original note and assignment history 1099-C filing information and chain of service Any XXXX/bond identifiers or securitization trusts tied to my SSN Confirmation of all tax documents filed or omitted Referral to IRS Criminal Investigations for failure to file required 1099-C forms after charge-off.

Civil penalties and consumer restitution for unlawful and deceptive practices. 

Investigation of XXXX XXXX XXXX XXXX related involvement and prior admission in CFPB XXXX. No. XXXX.

Company response to consumer: Untimely response