Owing Money For Taxes In Illinois
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is essential for individuals in Illinois who owe money for taxes. This legally binding document allows an Assignor to transfer their rights to collect a debt or payment to an Assignee. Key features of this form include a clear description of the debt being assigned, the declaration of it being a non-recourse assignment, and guarantees from the Assignor regarding the validity of the debt. Filling out this form requires specifying the debt details, including the amount due and associated dates. Users must sign and date the document to validate the assignment. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form in various scenarios, such as in tax disputes or for securing payments owed to businesses or individuals. The simplicity of the form makes it accessible, providing a straightforward process for those needing to assign debts in relation to tax obligations in Illinois.
