Statement Of Account Example In Broward

• Category: Loans and Lending - Accounts Receivables
• State: Multi-State
• County: Broward
• Control #: US-00400
• Format: Word; Rich Text

Description

The Statement of Account Example in Broward serves as a formal document for assigning accounts receivable from one party, the Assignor, to another, the Assignee. This form outlines critical details such as the rights, title, and interests in all accounts detailed in the attached Exhibit 'A.' Essential features include a declaration regarding the status of the assigned accounts, ensuring that they represent all outstanding debts and have no payments contingent on future services. The form also requires information about account balances, debtor details, and confirms that there are no defenses or counterclaims related to the accounts sold. Additionally, it specifies whether the assignment is with or without recourse, which affects the liability of the Assignor in case of default. Completing and editing the form involves filling in the necessary fields related to the parties involved and account specifics. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who manage account transfers or require detailed records of financial transactions in a professional context. It ensures clarity and accountability, streamlining the process of receivables management.