Consumer complaint received 2024-12-07 00:00:00
Product: Credit reporting or other personal consumer reports — Credit reporting
Issue: Improper use of your report — Reporting company used your report improperly
Company: Portfolio Recovery Associates, LLC
State: MS

Complaint narrative:
I am writing in response to your recent attempts to collect on an alleged debt. To date, the only documents I have received are billing statements, which do not provide sufficient proof that I owe this debt. You have not provided a valid, signed purchase agreement or original creditor documentation that establishes my legal responsibility for this account. 

In accordance with the Fair Debt Collection Practices Act ( FDCPA ), I am formally requesting validation of this debt, which should include the following : 1. A copy of the original contract or purchase agreement with my signature that demonstrates I am legally obligated to repay this debt.

2. A full accounting of the debt, including how the amount claimed was calculated, itemized statements, and any interest or fees that have been applied to the account.

3. A detailed record of all payments, charges, and adjustments made to the account, including the original balance and the breakdown of how the current balance was reached.

4. Proof that your company has the legal right to collect on this debt, including all assignment or sale agreements that show the chain of ownership from the original creditor to your company. 

Additionally, I have reason to believe that this debt may have been charged off by the original creditor. Under IRS guidelines, canceled debts over {$600.00} require a 1099-C form to be issued. To date, I have not received this form, which raises questions about whether this debt has already been forgiven or canceled. Please provide confirmation of whether the original creditor has charged off this debt, and why I have not been issued a 1099-C form. 

Furthermore, I would like clarification regarding the statute of limitations for this debt. Please confirm that this debt is still within the legal statute of limitations for collection in my state. If the statute of limitations has expired, I request that all collection efforts cease immediately and that any reporting of this debt to the credit bureaus be removed. 

I also want to highlight the Fair Credit Reporting Act ( FCRA ), which governs the accuracy of information reported to credit bureaus. If you are reporting this debt to any credit reporting agencies without providing proper validation, it constitutes a violation of the FCRA. Therefore, if you are unable to provide the requested validation of this debt, I demand that all references to this account be removed from my credit report immediately. 

If you are unable to provide sufficient validation as outlined in this letter, I request the following actions : 1. Cease all collection activities related to this account. 
2. Remove any references to this debt from my credit report with the major credit bureaus ( XXXX, XXXX, and XXXX ). 
3. Provide written confirmation that this debt has been resolved and is no longer being pursued.

Failure to comply with these requests may result in my filing formal complaints with the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and my state attorney generals office, as well as pursuing other legal remedies available to me. 

Please respond within 30 days of receipt of this letter with full validation of the debt or confirmation that the debt has been canceled and removed from my credit reports.

Company response to consumer: Closed with non-monetary relief