USLegal Forms USLegal Forms

Assignment of Financial Accounts

Assignment is the act of transferring power or rights to another, such as contractual rights. Accounts may be characterized as accounts payable, which is money that is owed to be paid to another, or accounts receivable, which is money owed for products or services to a provider of the same. Assignment of accounts is a debt management tool which is often used in business. It may be used to satisfy a loan, or collect a debt. For example, businesses which need an infusion of cash may assign accounts receivable to a debt collection agency.

Gold Award 2006-2017

BEST Legal Forms Company

11 Year Winner in all Categories:
Forms, Features, Customer Service
and Ease of Use.

U.S. Legal Forms, Inc. BBB Business Review

Regardless of what you need, everyone should have a Will. Get yours today!

Our Customers Believe!

"You have an excellent service and I will be sure to pass the word."

U.S. Legal Forms, Inc. BBB Business Review