Monies Due For In Florida
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form in Florida is a legal document used to transfer the rights to collect a specified debt from one party (the Assignor) to another (the Assignee). This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants working in debt collection or assignments. Key features include a clear outline of the debt being assigned, which must be accurately described in the designated section, including the amount due and the date of the debt. The form emphasizes that this is a non-recourse assignment, meaning the Assignee is solely responsible for collecting the amount without liability to the Assignor. It also includes a warranty from the Assignor regarding the validity of the debt, ensuring the Assignee can defend this claim if challenged. When filling out the form, users should ensure all information is clear and complete, and both parties need to sign and date the document to validate the transfer. This form aids in preventing disputes by providing clear evidence of the assignment and helps streamline operations for those managing accounts receivable in legal or business contexts.
