Money For Due In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document used to transfer the rights to collect a specific debt from one party, the Assignor, to another, the Assignee. This form allows the Assignor to grant all rights, title, and interest in the debt, which is detailed in the form, including the amount and due date. Key features include its status as a non-recourse assignment, meaning the Assignee is responsible for collection while the Assignor warrants the validity of the debt. Users fill out the form by providing details about the debt and signatures from both parties. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in debt recovery and assignment transactions. It helps streamline the transfer process and ensures all parties are aware of their rights and responsibilities. By providing clarity and structure, the form aids in minimizing disputes related to debt assignment. It is essential to ensure all pertinent information is accurately filled in for the assignment to be enforceable.
