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Re DN's, what happens when they are sold?


charlie*
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Good morning all,

Well, it seems that Default Notices can be issued as many times as it takes to get it right :-x

 

Going on from the recent discussions on the now closed 'Invalid Default Notices' forum, a well known OC has just issued a brand new Default Notice, which they claim to be correct, where a previous DN from months ago had been totally invalid - and Terminated in writing.

 

From what I gathered from the recently closed forum it seems to me that there are going to be a lot of these floating around if the banks can just go on issuing new ones time after time until they get it right.

 

I'm sure many Caggers would like to know how this could affect 'claims' that have already been sold & assigned to those DCA's who buy debts - I just can't get my head round this - hope someone can.

 

Any thoughts would be appreciated,

 

Many thanks

 

charlie

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