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Home>Glossary>Deed of assignment

Deed of assignment

Debt, arrears & collections
The legal document that transfers a debt from one owner to another.

Overview

The deed is usually between the original lender and the new owner.

You may not receive the full deed, but you can request confirmation.

Why it matters

  • It confirms the legal ownership of the debt.
  • It underpins any collection activity by the new owner.
  • It helps you verify the claim is valid.

FAQs

Can I see the deed of assignment?

You may receive a summary rather than the full document.

Does the deed affect my credit file?

No. The debt itself is what affects your credit.

Related terms

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