Payment With Due Date In Utah
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due is a legal document used in Utah to facilitate the transfer of a specific debt or money due from one party (the Assignor) to another (the Assignee). This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in financial transactions or debt collections. Key features of the form include the requirement to clearly describe the debt being assigned, including details such as the amount due and the due date. It is important to note that this assignment is non-recourse, meaning that the Assignee is responsible for collecting the debt and the Assignor warrants the validity of the debt. When filling the form, users should complete all sections accurately, including the names of both parties and a description of the debt. The form must be executed with both parties' signatures, and the execution date should be included. This document is particularly relevant for businesses and individuals seeking to formalize debt assignments and protect their interests in financial dealings.
