can someone please give advice on who I send the 3 letter process to.

[nutmeg2022]

Ok I appreciate the advice, thank you.

Am I right about this... when a debt collector buys debt, the pay the debt off ending the contract.

the bills of exchange act section 23 when they sign they sign it and now take responsibility and own the debt.

but how does that give them power to own the contract.

Does it say in loan contracts that they are in there rights to sell the contract to another firm? But then if so, I never signed any contract with the new firm.

[MIKE770]

you would receive notice of assignment from seller and one to buyer, thats the legal notification to you who now owns the alledged debt.

Debts regulated by the Consumer Credit Act, can be sold on or placed with another company any time after you stop paying, this is a normal part of the debt collection process. This applies to most common types of consumer debt such as a loans, overdrafts, credit cards and store cards, hire purchase and catalogues

your questions are still the get out of debt for free areas.

[nutmeg2022]

What questions should I be asking?

[nutmeg2022]

I thought having knowledge on this would help me

[MIKE770]

What questions should I be asking?

para 16 above questions you ask. not should be asking, but are asking related bills of exchange - a looser in any court

[nutmeg2022]

So then what's a winner?

[nutmeg2022]

I forgot to ask. Sorry. So you mean to say that sending a letter saying I don't acknowledge this debt is actually acknowledging the debt?

[MIKE770]

you would be inviting them to dig deeper to come up with paperwork from all sources, they want you to panic and contact them then SB could be back to square one. this could be done if ever they start a case against you to your favour in some cases.

I am not here to argue with you but what you feel you need to do is up to you, maybe you should look around the site and see how others dealt with facts and how it was dealt with.

[nutmeg2022]

oh no please I didn't mean to come across as argumentative, I'm just a bit blunt. not at all do I want to argue, I'm here for professional advice and I really appreciate it

[nutmeg2022]

But what I'm trying to point out is if they claim a ccj and it's not SB, I have to respond anyway, so asking for a CCA WOULD be responding right? So how then in that case would I not avoid resetting the SB at all because I have to contact them.

also, if I miss things out in a defense I can't add it in at court when it's to late, so this is my point. why can't I ask for the original redacted deed of assignment. If it's going to go to court then what's the difference?

[nutmeg2022]

Also, what do you think to this?

Once the transfer document, or deed of assignment of debt, has been signed by the assignee (the party transferring the debt) and the party receiving the debt, they must give notice to the debtor (the person that owes the company the sum of money). Notice must be given within 7 days of assigning the debt. Unless someone gives notice to the debtor, then the new owner of the debt can’t enforce the debt by suing in court.

I never had any notice of this

[MIKE770]

that as i stated is assignment notice to you, all rights become new owners. then you do not tell them at this stage, CCA is not acknowledgement of debt., but in most cases only send one if they issue a court claim, so as not to assist them forming a case at this stage. you do not want then to give assignment notice at this stage if they have failed to,

[nutmeg2022]

Ok. So your saying it won't look good on them if it goes court and the question, did they give me assignment notice within 7 days. But they may say they did but actually didn't.

[nutmeg2022]

So these dca use fear to get you to accept the ccj, but rarely turn up to court because they have not got the supporting documents? if that's the case, isn't it up to me to request all there supporting evidence showing they did everything by the book.

this is what I'm afraid of.. what if I don't ask for all the supporting documents? and it goes to court, do the courts ask about the deed of assignment even if I don't ask for it to be shown in court.

not a made up peice of paper, I mean the original, signed copy redacted.

and then what if it's a fraud, and I say well how do we know that's not a fraud, will they investigate that claim and so on?

[MIKE770]

If they issue court paper then. One here and. E advised best we can. Many companies issue go through and withdrawal later before they loose deposit hoping you cave in. Read around the site