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Overdrafts and right of assignment

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  • Overdrafts and right of assignment

    Hi all,

    quick query here


    As its likely I may have to deal with a claim regard an alleged overdraft in the near future, I was pondering various avenues and one was.......

    Right of assignment -

    If it's a DCA attempting action from a sold OD debt, do they have to be able to show a term existed in the original overdraft agreement (this is a pre authorised OD) to allow the creditor to assign the debt to a third party?

    If the person could clearly remember signing an agreement, would they not have to show such an agreement in court, with a term allowing assignment to be able to prove the right to claim?

    :tinysmile_hmm_t2:
    Tags: None

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