Assignment On Money In Washington
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 Washington that allows an assignor to transfer their rights to collect a debt to an assignee. This form specifies the details of the debt being assigned, including the amount and due date. It includes a statement that the assignment is non-recourse, meaning the assignee is responsible for collection, while the assignor guarantees the validity of the debt. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants managing financial transactions or debts. Users should fill in the names of the assignor and assignee, as well as the specifics of the debt owed. When editing the form, clarity in the debt description is crucial, and users should ensure that all parties sign and date the document correctly. The form assists in maintaining clear records of financial liabilities and can streamline the management of outstanding debts.
