Assignment On Money In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document utilized for the transfer of rights to a specific debt or money due from one party (the Assignor) to another (the Assignee). This form is particularly relevant in Contra Costa, where parties may need to formalize their agreement regarding the assignment of debt obligations. Key features of the form include sections for identifying the parties involved, a clear description of the debt being assigned, and a statement establishing that it is a non-recourse assignment, meaning the Assignee is responsible for collection. Filling out the form requires specification of the debt amount and due date, as well as signatures from both the Assignor and Assignee to validate the transfer. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants who need to document financial transfers accurately. It provides a straightforward process for establishing ownership of debts, thus aiding in financial negotiations or creditor-debtor relationships. Users should ensure all details are accurate and complete to avoid legal disputes linked to debt assignments.
