This form is an Assignment of Money Due. The assignor agrees to grant to the assignee all title and interest in a certain debt or money due as described in the agreement. The form also provides that it is the responsibility of the assignor to collect the debt.
Payment For Due Course In Texas
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
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If you fail to make payment in full within 10 days after the date of receipt of this notice, the failure to pay creates a presumption for committing an offense. A Holder in Due Course is anyone who accepts a check for payment.On the face of the check there cannot be any evidence of fraud. In summary, the FTC requires that the holder in due course honors all original warranties. A holder is a person in possession of an instrument payable to bearer or to the identified person possessing it. But a holder's rights are ordinary.
