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Assignment Opinion Needed Please


ZillaK
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Hi All!

 

 

I'm currently in a disagreement over the following point:

 

Company A owns a debt & decides it wants to assign this to Company B. The debtor is informed in writing etc and all is above board.

 

Company B is an appointed representative (as shown on FSA database) of Company C.

 

Does Company C have any automatic rights to the debt assigned to Company B?

 

...

 

My opinion is that there are no automatic rights to the benefit/interest/title etc in favour of Company C under the relationship principal/appointed representative. Am I wrong about this?

 

Many thanks..

 

Zil..

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