Assignment On Money In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment on Money in Philadelphia form is a legal document used to transfer rights to a specified debt or money due from one party (the Assignor) to another (the Assignee). It outlines the essential details of the assignment, including the description of the debt, the parties involved, and a statement of warranty by the Assignor regarding the validity of the debt. This form is non-recourse, meaning the Assignee takes on the responsibility for collecting the debt without recourse to the Assignor. Key features include spaces for the details of the debt and the signatures of both parties to formalize the agreement. Attorneys and their teams, including partners, associates, paralegals, and legal assistants will find this form useful for documenting debt assignments clearly and succinctly. It provides a straightforward template that minimizes errors in filling out and ensures that all necessary information is included. Users can edit the form easily to reflect specific circumstances related to particular debts, making it adaptable for various legal and business contexts.
