Assignment On Money Market In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is designed for transferring the rights to collect a specific debt from one party (the Assignor) to another (the Assignee). It is crucial for situations involving outstanding debts within the money market, particularly relevant to the Alameda area. This form details the specific debt being assigned, including the amount, due date, and any attached evidence such as account statements. The form also highlights that the assignment is non-recourse, meaning the Assignee is responsible for collection without recourse back to the Assignor, who affirms the validity of the debt. Key features include clear identification of the parties involved, a description of the debt, and the signatures required for finalization. When filling out this document, users should accurately detail the nature of the debt and ensure the date of execution is complete. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants working in finance or collections. Its straightforward language and structure make it accessible for users with varying levels of legal experience, ensuring clarity and compliance in the debt assignment process.
