This form is an Assignment of Money Due. The assignor agrees to grant to the assignee all title and interest in a certain debt or money due as described in the agreement. The form also provides that it is the responsibility of the assignor to collect the debt.
Assignment For Money In Illinois
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
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This is called a wage assignment. Wage assignments must follow the same rules for collection-proof income as other collection efforts.An assignment transfers title to the chose in action to the assignee, who becomes the real party in interest. 1. All valid assignments must be in writing and must contain express language establishing a trust over specific property for the benefit of creditors. First, fill out Letters to Creditor and Employer to Stop a Wage Assignment. Print the letters, and sign and date them. Today's video is focusing on the paperwork specifically the assignment agreement between you and your cash buyer. Assignments may be made only on approved payment amounts on the Illinois EPA's UST Fund Payment Priority List.
