Payment Due For Taxes In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document used for the transfer of rights to collect on a specific debt or owed amount. This form is particularly relevant for individuals or entities involved in transactions requiring the assignment of debts related to taxes due in Suffolk. Key features of the form include the clear identification of the Assignor and Assignee, a detailed description of the debt being assigned, and a non-recourse provision ensuring that the Assignee assumes the responsibility for collection. Users are instructed to fill in specific details regarding the debt, including the amount and due date, ensuring clarity in the assignment process. The form must be executed in writing, with signatures from both parties involved. Its primary utility lies in providing legal assurance about the validity of the assigned debt, making it crucial for attorneys, partners, and legal assistants who facilitate financial transactions. This form is effective for persons who need to verify the legitimacy of debts during legal proceedings or tax assessments, ensuring compliance with tax regulations in Suffolk. Additionally, this document serves as a protective measure for individuals involved in debt collection, safeguarding their interests and clarifying the responsibilities of each party.
