Legally, unless Bank of Ireland assign your debt to them they do not own it. BOI would have to write to you and inform you that they have sold your debt to CFS. You are quite within your rights to ignore any third party debt collector. Deal with BOI if you want to but you are under no obligation to deal with CFS.
If you ignore them they will eventually give up and hand it back to BOI. They don't want a debt that is earning them nothing on their books.
Hi bond007,
I just want to confirm that this is correct procedure for a lender in reassigning a debt.
I have received a letter from a DCA saying MBNA have reassigned my debt to DCA but never received a letter beforehand from MBNA to say that this was the case.
They (MBNA) did send a letter stating that they would possibly reassign debt after 7 months (this was ages ago) but no definitive letter outlining which DCA etc, then I get this letter from the DCA.
Do I have to deal with the DCA or should I be dealing directly with MBNA still?
This is a CC debt which I have followed correct procedure when I couldn't meet repayments and have been paying €xx per month for past 12 months now.
Thanks (sorry for piggybacking on OPs thread)