Deed Of Assignment Clarification

Under a hire purchase agreement, the deed of assignment usually transfers the seller's rights to the purchaser. It doesn't typically indicate if the account is in a trust. Trust documents are required for that.
Are you concerned about a potential dispute or issue with your hire purchase agreement?

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It seems like you are dealing with some confusion about the nature of hire purchase agreements and trusts. Here are some key points to consider:
- Hire Purchase Agreement: This is a contract where the buyer agrees to pay for goods in parts or a percentage at a time. Ownership is transferred once all payments are made.
- Trust: A legal arrangement where one party holds property for the benefit of another.
Your statement "within UK law a bank does not lend it’s held in a trust" is not entirely clear. Generally, banks lend money based on various agreements and securities, which may or may not involve trusts.
Could you provide more details about the specific issue or dispute you are facing?

It seems like there's some confusion around the concept of banks lending money and trusts. Here are a few points to consider:
- Banks and Lending: Banks do lend money to individuals and businesses based on credit agreements and collateral.
- Trusts: Trusts are separate legal arrangements where assets are held for the benefit of beneficiaries.
Could you clarify if your concern is related to a specific legal issue or a general misunderstanding?

A credit agreement is indeed a financial instrument. It is a contractual agreement where a lender provides funds to a borrower under certain terms and conditions.
Is your question related to the legal implications of a credit agreement or a specific issue you are facing with one?

Yes, under UK law, a debt collector must provide a deed of assignment if requested. Here are the key points:
- A deed of assignment is a legal document transferring one party's rights or interests to another.
- It must be shown to the debtor upon request to prove that the debt has been legally assigned.
Is there any specific issue you are facing with the debt collector that you need assistance with?

If a debt collector does not provide a deed of assignment when requested, you can:
- Dispute the debt: Write to the collector stating that you do not recognize the debt without proof of assignment.
- Report to regulatory bodies: You can report the collector to the Financial Conduct Authority (FCA) or the Financial Ombudsman Service (FOS).
Are you currently disputing a debt with a specific collector?