Payment With Due Date In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document used to officially assign a debt from one party (the Assignor) to another (the Assignee) in Suffolk. This form facilitates the transfer of rights to collect on a specified amount due, which is outlined in detail, including the debtor and payment amounts. Key features of this form include its non-recourse nature, meaning the Assignee must collect the debt without recourse to the Assignor, and the assurance by the Assignor that the debt is valid. Filling this form requires users to clearly specify the debt details, including amounts and due dates. Editing instructions emphasize the need for accuracy in completing debtor information to prevent disputes. This form is especially useful for attorneys, partners, and paralegals involved in debt collection cases, providing a clear legal framework to protect their interests. It also serves owners and associates in managing their financial obligations. Legal assistants find this form beneficial for organizing documentation related to debt assignments efficiently.
