The Assignment of Money Due form is designed for transferring an owed debt from one party, the Assignor, to another, the Assignee, in Houston. This form highlights key features including the non-recourse nature of the assignment, meaning the Assignee is responsible for collecting the debt without recourse to the Assignor. Users must fill in details such as the specific amount due and the corresponding date. The form also includes a warranty from the Assignor affirming the validity of the debt. This tool is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in debt collection or financial transactions, providing a legal basis for the transfer of rights to collect debts. Its straightforward structure allows for easy completion, ensuring users can effectively manage debt assignments while protecting their legal interests. This form simplifies the documentation process and ensures clarity in financial agreements, making it an essential resource in legal and financial proceedings.