Notice of Assignment.

[mark1arby]

Is the existence of the Notice of Assignment important in the collection of a debt and, are there any reasons ie: Commercial Sensitivity, why the Notice of Assignment can not be seen by the debtor?

[dx100uk]

no 

whats the debt all about please 

[mark1arby]

This is a VERY OLD Welcome secured loan. 

It has been passed around at least 5 DCAs since 2010. 

 

It is now in the hands of Coast Finance Solutions who are really going for it. 

They have treated every letter we send as a separate complaint, so we now are very confused as to who to deal with. 

 

They insist it is a mortgage though we believe it comes under CCA 1974. 

We recently recieved SAR that is redacted to death!  Haven't assessed it yet. 

 

Already have old SARs over the years. 

 

In a letter they state they can not produce the Notice of Assignment because it contains Commercially Sensitive material. 

 

Thanks for the speed of your reply DX.

[brassnecked]

When was the last payment on this? If not acknowledged as such would be Statute barred in all probability.

[dx100uk]

what this mammoth debacle!

 

[dx100uk]

so whats the score then?

surely as stated its well statute barred now ?

or is it showing as a charge on your property?

 

 

[Andyorch]

Incorrect...thats the Deed of Assignment.....which does contain  Commercially Sensitive material..IE what they paid for it..10/20p in the £.The Notice of Assignment is merely notice to you the debtor that the debt has been legally assigned...and without this they shouldn't be chasing you for the debt unless they can prove they are legally entitled to...hence the NOA.

 

Quote

In a letter they state they can not produce the Notice of Assignment because it contains Commercially Sensitive material.