Payment For Due Bills In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due is a legal form designed to facilitate the transfer of rights to collect a specific debt from the Assignor to the Assignee in Sacramento. This form is particularly useful for those involved in debt assignments, such as attorneys, partners, owners, associates, paralegals, and legal assistants. It allows the Assignor to grant their right, title, and interest in a debt in exchange for value received, while explicitly stating that this is a non-recourse assignment, meaning the Assignee holds responsibility for collection. Users must specify the debt being assigned, including details like the amount owed and due date. Clear instructions must be followed when filling out and editing the document to ensure accuracy. The form also includes a warranty from the Assignor affirming the validity of the debt and a signature line for both parties, providing legal assurance. This document serves multiple purposes, including debt collection processes, asset management, and facilitating financial agreements within legal obligations.
