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Buachaill
Buachaill, Barrister
Category: Law
Satisfied Customers: 10714
Experience:  Barrister 17 years experience
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thank you for your answer it is a great help.just to be clear,

Customer Question

thank you for your answer it is a great help.just to be clear, in this situation can santander continue the action in court having sold the alleged debt ? or do they have to transfer the case to the oner of the alleged debt ? or does the 3rd party have to take out a new case ?
Submitted: 4 years ago.
Category: Law
Expert:  Buachaill replied 4 years ago.

Buachaill :

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.

Buachaill :

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