Statement Of Account Or Accounts In Allegheny
Category:
State:
Multi-State
County:
Allegheny
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of Account or Accounts in Allegheny serves as a formal document through which an assignor conveys their rights to the accounts receivable listed in an attached exhibit. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides clear evidence of the assignment of accounts. Key features include the requirement to state all outstanding accounts, the true balance, and any contingencies related to payments. Fillers must complete sections detailing the account balances, pertinent dates, and descriptions of the goods or services involved. The form also clarifies whether assignments are made with or without recourse, which is crucial for understanding potential liabilities. Specific use cases involve businesses seeking to transfer accounts receivable for immediate capital, ensuring legal assurances of the assigned rights. Legal professionals can utilize this form to formalize transactions, avoid disputes over accounts, and maintain accurate records for financial dealings. Overall, this document is essential for those engaged in the management and assignment of accounts in a legal context.
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