Money Assignment For Class 3 In Oakland
Category:
State:
Multi-State
County:
Oakland
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is designed for individuals and entities in Oakland looking to assign rights to a specific debt. This document allows the Assignor to transfer their interest in a debt to an Assignee, making it a vital tool for financial transactions. Key features include the requirement to describe the debt, including details such as the amount owed and the due date. The form also stipulates that it is a non-recourse assignment, placing the responsibility on the Assignee to collect on the debt while the Assignor warrants its validity. Filling out the form involves identifying both parties and providing clear details about the debt. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who handle various financial transactions or debt recovery cases. To edit, users should ensure that all applicable fields are complete and accurate, reflecting the terms of the assignment. This form serves as a legal safeguard, ensuring that both parties understand their rights and obligations regarding the assigned debt.
