Assignment On Money In Allegheny
Category:
State:
Multi-State
County:
Allegheny
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment on Money in Allegheny is a legal form used to assign the rights to a specified debt or money due from one party, known as the Assignor, to another party, referred to as the Assignee. Key features of this form include the requirement to describe the debt, such as the amount and the due date, and the acknowledgment that this is a non-recourse assignment, meaning the Assignee is responsible for collection. The form also includes a warranty from the Assignor, affirming that the debt is valid and providing a defense of this warranty. Filling out this form involves entering the names of the Assignor and Assignee, detailing the debt, and signing the document on the specified date. Target users such as attorneys, partners, owners, associates, paralegals, and legal assistants will find utility in this form for facilitating debt assignments and ensuring proper legal documentation of debt transfers. The form provides a straightforward template that assists legal professionals in maintaining clarity and legality in their transactions, making it essential for those handling financial agreements or assignments in Allegheny.
