Statement Of Account Or Accounts In Pennsylvania
Category:
State:
Multi-State
Control #:
US-00400
Format:
Word;
Rich Text
Instant download
Description
The Statement of account or accounts in Pennsylvania is a vital document that details the assignment of accounts receivable. This form is used when the Assignor conveys rights to accounts to the Assignee, acknowledging the transfer of financial interests in specified accounts. Key features include a declaration of all outstanding accounts, verification that all goods or services have been delivered, and clear terms regarding payment and any potential defenses. Filling out the form requires the Assignor to list the accounts on an attached Exhibit 'A', including balances, account beginnings, and debitor details. It is essential for users to ensure that there are no contested accounts and to specify any security interest if applicable. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in financial matters, as it streamlines the process of transferring receivables while ensuring legal protections are observed. When filling out the form, users should be diligent in providing accurate information and adhering to the outlined instructions to avoid complications down the line.
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