Assignment Of Money Due In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due in Houston is a legal form that allows an Assignor to transfer their rights to collect a specified debt to an Assignee. Key features of this form include a clear declaration of the debt being assigned, which requires a detailed description of the money due, including amounts and due dates. It emphasizes that this is a non-recourse assignment, meaning the Assignee assumes responsibility for collection without recourse to the Assignor. Filling out the form requires both parties to provide their names and signatures, as well as the date of execution. This document can be useful for attorneys, partners, owners, associates, paralegals, and legal assistants who handle debt collection, financial transactions, or business partnerships. It simplifies rights transfer and ensures that all necessary legal assurances are in place regarding the validity of the debt. The form is straightforward to complete, making it accessible even for users with limited legal backgrounds.
