Monies Due For In Miami-Dade
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due is a legal document utilized in Miami-Dade to facilitate the transfer of rights to a debt from one party, the Assignor, to another, the Assignee, ensuring that the Assignor receives value for the assigned debt. This form details the debt being assigned, including its amount and associated details, and is structured to confirm that the Assignor holds valid rights to the debt being transferred. A key feature of this document is that it is a non-recourse assignment, which places the responsibility of collection solely on the Assignee while protecting the Assignor's warranty regarding the legitimacy of the debt. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form in various scenarios, such as to streamline collections, facilitate debt recovery processes, or restructure financial arrangements. Users should fill out the necessary details about the debt, ensuring clarity in the description to avoid disputes. As a straightforward and supportive document, it provides an essential tool for legal professionals managing debt assignments in the region.
