The Assignment Due Form for Lic Policy in Hillsborough is a legal document used to transfer the right to collect a specific debt from one party, the Assignor, to another, the Assignee. This form includes essential sections for detailing the debt being assigned, including its nature, amount, and due date. The form asserts that the assignment is non-recourse, meaning the Assignee must independently pursue collection, while the Assignor guarantees the validity of the debt. Users must fill in the names of the Assignor and Assignee, provide a clear description of the debt, and sign the document to make it legally binding. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may handle debt assignments in various legal or business contexts. It streamlines the process of debt transfer, ensuring clarity and protection of rights for both parties involved. Properly utilizing this form can help in maintaining organized financial records and facilitating smoother transactions in legal and business practices.