Assignment On Money In Franklin
Category:
State:
Multi-State
County:
Franklin
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment on Money in Franklin is a legal document used to transfer rights to a specified debt from one party, known as the Assignor, to another, called the Assignee. It includes essential details such as the nature of the debt, the parties involved, and a declaration that the Assignor guarantees the validity of this debt. This form features a structured format for entering specific debt information, including account numbers and amounts, making it easy to fill out and edit. The form serves as a non-recourse assignment, clarifying that the Assignee is responsible for collecting the debt, while the Assignor warrants its validity. It is signed by both parties to formalize the agreement on a specified date. This form is particularly useful for attorneys, business partners, and associates who need to formalize debt collections, as well as paralegals and legal assistants who assist with document preparation. The clarity and professional tone of the form make it accessible even to users with limited legal knowledge, ensuring that the process of debt assignment is straightforward and legally sound.
