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1. Effectively where a debt is sold, the assignee (the company which bought the debt) can continue and maintain proceedings in the name of the original creditor. Here this means that the company which bought the debt can continue the proceedings in Santander's name without having to start fresh proceedings. Alternatively, Santander can themselves continue the court proceedings and pay over whatever they recover to the assignee of the debt. There is no need for either party to change the name on the case or give over the case to a different party, nor is there any need to start a new case.
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