Assignment On Money And Banking Class 12 In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due is a legal document used to transfer the rights to a certain debt from one party (the Assignor) to another (the Assignee). This form requires the Assignor to provide details about the debt being assigned, including the amount due and relevant dates. The document stipulates that this is a non-recourse assignment, placing the responsibility of collection on the Assignee while ensuring the Assignor warrants that the debt is valid. Filling out this form involves specifying the debt information accurately and ensuring signatures from both parties, dated appropriately. This form is particularly useful for attorneys, partners, and owners looking to transfer debts without assuming collection risks. Paralegals and legal assistants may also find this document useful when assisting clients in managing their accounts receivable. Properly executing this form can streamline debt transactions, making it a valuable tool in financial dealings and banking transactions.
