Payment With Due Date In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document that facilitates the transfer of a debt from one party to another in Sacramento. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a straightforward way to assign monetary debts. Key features include the details of the debt being assigned, such as the amount due and the due date, which must be clearly stated. Users must complete the form by filling in their names as Assignor and Assignee, and describing the debt accurately. It is crucial for the Assignor to acknowledge the receipt of value and ensure the debt is valid. Since this assignment is non-recourse, the Assignee takes on the responsibility to collect the debt. The form concludes with spaces for signatures, ensuring both parties can execute the agreement legally. This form is particularly relevant for legal professionals involved in debt collection or financial transactions, providing clarity and a structured approach to debt assignments.
