Zions Bancorporation Complaint: Problems when you are unable to pay

#1593521 5 Oct 2015

Consumer Loan Vehicle loan

Complaint #1593521 submitted on 10/05/2015 relating to Zions Bancorporation. Complaint relates to Consumer Loan Vehicle loan - Problems when you are unable to pay .

Complaint was submitted via Web and sent to the company on Monday 5th October 2015.

Narrative (may be redacted).

I made payment arrangements with Zions bank to make payments on a repossessed vehicle. I then found out that Zions bank filed a XXXX to the IRS- Cancellation of debt, making the entire amount of the loan I was currently making payments on taxable as income.
I tried multiple times to ask Zions bank to send an amended XXXX to the IRS and they refused and then ignored my request. I stopped making payments to Zions.
Why should I make payments on a debt that Zions bank has claimed to the IRS as being forgiven and is now counted as my income. PLUS they refused to amend the XXXX?
They have continued to try to collect and still have refused to file an amended XXXX ( cancelation of debt ) and have even garnished my wages. I now owe the IRS for the entire amount of the loan as income and the bank as unpaid debt.
I am now forced to file bankruptcy.

Company Zions Bancorporation
Complaint ID 1593521
Date Received 10/05/2015
Product Consumer Loan Vehicle loan
Issue Problems when you are unable to pay
State/ZIP Code UT 841XX
Consumer Consent Consent provided
Company Public Response Company chooses not to provide a public response
Company Response To Customer Closed with explanation
Submitted Web 10/05/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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