How to Hold the Original Creditor Accountable

[CuriousGeorgeNo.1]

Various violations of 15 USC allow to hold debt collectors and credit bureaus accountable. How do we hold an original creditor who sold/transferred a bogus debt accountable? What provisions and their violations are the strong causes of action in a federal lawsuit against the unscrupulous fraudulent "original creditor" who made up a random amount and sold it as a person's debt? What provisions, if properly pleaded, would allow to recover from the original creditor? What Louisiana law statutes may be added to the mixture as well?

[BV80]

12 hours ago, CuriousGeorgeNo.1 said:

 

Various violations of 15 USC allow to hold debt collectors and credit bureaus accountable. How do we hold an original creditor who sold/transferred a bogus debt accountable? What provisions and their violations are the strong causes of action in a federal lawsuit against the unscrupulous fraudulent "original creditor" who made up a random amount and sold it as a person's debt? What provisions, if properly pleaded, would allow to recover from the original creditor? What Louisiana law statutes may be added to the mixture as well?

We need more details.  Is this a credit card debt?  You did not have an account with the OC?  There was no charge-off?  Please be more specific.

[CuriousGeorgeNo.1]

There is NO debt. The business whose services we used for years in retaliation for attempt to hold it accountable for bad business practices, simply fraudulently made up a substantial debt, sold it or transferred, and the buyer started reporting it to credit bureaus. All attempts to dispute/remove based on the fact that it is phony and unverifiable were unsuccessful. It is clear how to deal with the debt buyer and credit bureaus. The ONLY question is WHAT FEDERAL AND STATE LAW PROVISIONS could be used to properly reference fraud/violations of the ORIGINAL CREDITOR as it should be held responsible more than anyone else. So the question is strictly about statutes/laws (Federal primarily and the laws of Louisiana) that deal with such fraud that could be pleaded as causes of action or cited as violations. Any reference to federal relevant case law will be also greatly appreciated.

 

 

[Goody_Ouchless]

6 minutes ago, CuriousGeorgeNo.1 said:

"...attempt to hold it accountable for bad business practices..."

By not paying a bill?

[Harry Seaward]

8 hours ago, CuriousGeorgeNo.1 said:

The business whose services we used for years in retaliation for attempt to hold it accountable for bad business practices, simply fraudulently made up a substantial debt

Huh?  You used the services of Business A to hold Business B accountable, but Business A made up a debt?  Based on what?  And what were you trying to hold Business B accountable for?

8 hours ago, CuriousGeorgeNo.1 said:

The ONLY question is WHAT FEDERAL AND STATE LAW PROVISIONS could be used to properly reference fraud/violations of the ORIGINAL CREDITOR as it should be held responsible more than anyone else.

The CFPB is the Federal governing body of banking institutions.  The Louisiana Office of Financial Institutions is your local governing body.  That's where you should be filing your complaints.

[BV80]

On 2/17/2020 at 2:56 PM, CuriousGeorgeNo.1 said:

There is NO debt. The business whose services we used for years in retaliation for attempt to hold it accountable for bad business practices, simply fraudulently made up a substantial debt, sold it or transferred, and the buyer started reporting it to credit bureaus.

Let me see if I’m understanding you correctly.

You attempted to hold ”ABC Business” accountable for its own business practices.  In retaliation, “ABC Business” made up a fake debt.  It claimed you owed money that you did not owe.  “ABC Business” then sold the fake debt to another business.

Is that correct?

[Robby8900]

1 hour ago, BV80 said:

Let me see if I’m understanding you correctly.

You attempted to hold ”ABC Business” accountable for its own business practices.  In retaliation, “ABC Business” made up a fake debt.  It claimed you owed money that you did not owe.  “ABC Business” then sold the fake debt to another business.

Is that correct?

You've got to be kidding me, I've heard it all now.