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DCA vs original creditor: who actually owns the debt

Whether the debt has been assigned, sold or just passed for collection changes who you deal with.

Debt Collection Agencies3 min readReviewed July 2026

If a debt has been assigned (sold), the DCA is now the legal owner and you deal with them directly. You should have received a Notice of Assignment.

If the debt has only been 'placed' for collection, the original creditor still owns it and can pull it back.

You have the right to request a copy of the credit agreement under section 77/78 of the Consumer Credit Act — while the request is being answered the debt is unenforceable in court.

General information, not personalised adviceThis article is written to inform. It isn't personalised debt or legal advice, and Debt Compass is not authorised by the Financial Conduct Authority. A team member can talk you through the options and point you to a free debt help service or authorised insolvency practitioner before you decide on anything.