General Form Example In Queens

State:
Multi-State
County:
Queens
Control #:
US-00037DR
Format:
Word; 
Rich Text
Instant download

Description

The General Form of Factoring Agreement regarding the Assignment of Accounts Receivable is a legal document used primarily in Queens for businesses seeking immediate capital by selling their accounts receivable to a factoring company. This agreement outlines the responsibilities and rights of both parties, the Factor and the Client, ensuring clarity on payment processes and the management of accounts receivable. Key features include the assignment of receivables, credit approval requirements, and procedures for handling the sale and delivery of merchandise. For attorneys, this form provides a framework to represent clients effectively in financial transactions, while partners and owners can leverage it to enhance cash flow. Associates, paralegals, and legal assistants will find it essential for documenting business transactions and managing legal risks associated with accounts receivable. Instructions for filling and editing the form emphasize the need for accurate disclosures, adherence to credit limits, and maintaining open lines of communication between parties. Specific use cases include businesses looking for quick funding solutions and those seeking to mitigate credit risk while managing customer invoicing.
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FAQ

In New York, this type of substitute motion is called an "Order to Show Cause." An order to show cause can be heard anytime the court directs, even fewer than the usual eight days, and even as short as a few hours later, if the court is convinced there's a real emergency.

In order to respond to a motion or an order to show cause, you must prepare answering papers. If you disagree with what is being asked for in the motion or order to show cause, you must prepare an affidavit in opposition (see Exhibit A).

To begin an action in Small Claims Court, a person, or someone acting on his or her behalf, must come to the Small Claims Court Clerk's office in the proper county and fill out a statement of claim. To find out where the clerk's office is located in your county, click on Locations.

In California, parents have the right to petition for an emergency custody hearing in family court under certain circumstances to protect their child from imminent harm.

Legal Examples: A Show Cause Order is issued to a party who has allegedly violated a court order. The individual must appear in court to explain why they should not be held in contempt for failing to comply with the original order, such as not paying court-ordered child support.

After a summons with notice is served, the defendant will demand that the plaintiff serve a complaint. The plaintiff must then have the complaint served within 20 days after being served with the demand, or the case may be dismissed.

Letters testamentary are issued from the Surrogate's Court in New York that verifies the appointment of the executor to manage the distribution of a deceased person's assets and property.

A request for emergency relief pending the determination of an appeal or a motion for permission to appeal shall be brought on by order to show cause. The applicant shall contact the clerk's office in advance of the filing. The papers shall be filed as directed by the clerk's office.

Bringing a motion by notice usually gives the other side weeks to respond and sets no real deadline for the court to make a decision. If the movant cannot wait weeks, she may submit an order to show cause, asking the court to set tight deadlines for a response and to make a decision.

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General Form Example In Queens