Payment With Due Date In Florida
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is designed to facilitate the transfer of rights to collect debt in Florida, specifying the payment due date and associated details. It serves as a legally binding document where the Assignor grants their right to debts owed to them to an Assignee. Key features include a clear description of the debt, the specific due date, and a warranty from the Assignor regarding the validity of the debt. Filling out this form requires the Assignor to accurately detail the debt amount and associated elements before signing it. Editing is straightforward; users should ensure all sections are complete and that the information accurately reflects the agreed terms. This form is particularly useful for attorneys, partners, and owners who may need to assign debts for business purposes. Paralegals and legal assistants benefit from understanding its structure to assist clients effectively. Importantly, the non-recourse nature emphasizes that the Assignee is responsible for debt collection and protects the Assignor from liability post-assignment.
