The Assignment of Money Due form is designed for individuals or entities in Nassau seeking to transfer the rights to a specific debt or money owed. This form facilitates the legal transfer from the Assignor to the Assignee, ensuring that the Assignee has the authority to collect the specified debt. Key features include a clear description of the debt involved, the non-recourse nature of the assignment, and a warranty from the Assignor regarding the validity of the debt. Filling out the form involves indicating the details of the debt and signing the document in the presence of a witness. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who manage debt collections and assignments. It streamlines the process of debt management, allowing legal professionals to assist clients in securing their monetary rights. Additionally, this form can serve various use cases, including business transactions, personal loans, or settling disputes over debts owed. The straightforward nature of this form makes it accessible to those with minimal legal experience.