Assignment On Money In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment on Money in Santa Clara is a legal document used to transfer the rights to a specific debt, allowing the Assignor to assign an unpaid debt to an Assignee. It clearly outlines the debt's details, including the amount owed and the nature of the assignment. Key features include the acknowledgment of value received, specification of the debt description, and a non-recourse clause, which states that the Assignee is responsible for collection. The form emphasizes that the Assignor warrants the validity of the debt, providing some assurance to the Assignee. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form is vital for facilitating debt assignments, enabling smoother transactions, and protecting the interests of parties involved. It can be edited to include specific debt details and signed by the respective parties, ensuring validity and legal acknowledgment. Overall, the form serves as an effective tool for managing financial claims in a straightforward manner.
