Debt collection -- Attempts to collect debt not owed -- Complaint #12680819
Complaint Overview
Complaint ID: 12680819
Company: Spring Oaks Capital, LLC
Product: Debt collection
Sub-Product: Credit card debt
Issue: Attempts to collect debt not owed
Sub-Issue: Debt is not yours
State: South Carolina
ZIP Code: 291XX
Date Received: 2025-03-23T12:00:00-05:00
Date Sent to Company: 2025-03-23T12:00:00-05:00
Company Response: Closed with non-monetary relief
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Consumer Narrative
Subject : Dispute of Debt and Request for Documentation Pursuant to the FCRA Dear Spring Oaks Capital LLC, I am writing to formally dispute the validity of the alleged debt you have reported to the credit bureaus under the Fair Credit Reporting Act ( FCRA ), 15 U.S.C. 1681 et seq. I request that you provide specific documentation to substantiate your claim, including but not limited to : 1. Forward Flow Agreement Documentation proving the contractual agreement under which this alleged debt was assigned or sold. 2. Securitization Details Any and all evidence that this alleged debt has been securitized, bundled, or transferred into any form of asset-backed security. 3. Master Purchase Agreement The agreement that details the purchase and transfer of the alleged debt, including all relevant terms and conditions. Under the FCRA, information reported to credit bureaus must be accurate, verifiable, and substantiated. If you can not provide the requested documentation proving ownership, assignment, and chain of title, I request that you immediately cease collection efforts and remove any negative reporting related to this account from my credit file. Please consider this letter as my formal dispute. If you fail to provide adequate documentation within the legally required timeframe, I will have no choice but to escalate this matter by filing a complaint with the Consumer Financial Protection Bureau ( CFPB ), the Federal Trade Commission ( FTC ), and my states Attorney Generals office. I expect a response within 30 days, per FCRA requirements. Please direct all future correspondence regarding this matter to me in writing at the address listed above.
Frequently Asked Questions
What is Complaint #12680819 about?
Complaint #12680819 was filed against Spring Oaks Capital, LLC regarding Debt collection specifically about Attempts to collect debt not owed. It was received by the CFPB on 2025-03-23T12:00:00-05:00.
How did Spring Oaks Capital, LLC respond to this complaint?
The company responded with: "Closed with non-monetary relief". The response was timely.
What is the risk level of this complaint?
See the risk assessment section for details on this complaint's risk profile.
How do I file a similar complaint?
You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Debt collection) and describe your issue in detail.
Can I see other complaints against Spring Oaks Capital, LLC?
Yes, visit the Spring Oaks Capital, LLC company profile at readthecomplaint.com/company/spring-oaks-capital-llc to see all complaints, risk scores, and analysis.
Disclaimer
This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.