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Deed Of Assignment for sale of a debt

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Hello
Is anyone able to offer me advice. I have done the 3 letter process to a company that has bought my debt from a short term loan company. I have got as far as letter 3, they have sent me all agreements that I made with the original company however are saying that they cannot send me a copy of the Deed of Assignment and if I require a copy of this I need to apply for it through court. Is this true or are they just lying to me because they don't have one. Do I reply to them or ignore them now. I'm so confused. 
Thanks
Jules

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The three letter process is nonsense. Stop using it immediately.

    They don't need to send you a Deed of Assignment. If you're happy that the original agreements are accurate, then the debt is enforceable subject to any statute barring.
  • MEM62
    MEM62 Posts: 5,309 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Jules8320 said:
    I have done the 3 letter process to a company that has bought my debt from a short term loan company. 
    Whatever you think that will achieve - it won't.  
    You need to engage with the owner of the debt and sot out a repayment plan. 
  • Brock_and_Roll
    Brock_and_Roll Posts: 1,207 Forumite
    Part of the Furniture 1,000 Posts
    OP - go look a terms of your loan agreement. There will be a paragraph in there giving the lender (but not the borrower) the right to sell, assign or novate the agreement to a 3rd party without the borrowers consent.

    The assignment contract between the buyer and the seller will be commercially  confidential - so the new lender is correct. If you are seriously disputing that they have legally acquired this debt, then apply to the court and get sight of the document. Waste of time though, as unless their lawyers are utterly incompetent, the legal assignment will have been done correctly....and even in the unlikely event that it is not, all that means is that the debt is still owed to the original lender!! 
  • sourcrates
    sourcrates Posts: 31,510 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    edited 19 June 2020 at 11:10AM
    You are only entitled to see a copy of the notice of assignment.
    Please stop sending rubbish through the post asking for things you have no legal right to see.
    A deed of assignment is a document that contains personal information on a large number of individuals whose debts have also been sold.
    No one person is entitled to see that document because of data protection issues.
    You should only take advice from reputable sources, and not some freeman of the land type website.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
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