Statements Of Account Or Statement Of Accounts In Massachusetts

• Category: Loans and Lending - Accounts Receivables
• State: Multi-State
• Control #: US-00400
• Format: Word; Rich Text

Description

The Assignment of Accounts Receivable form is designed for parties in Massachusetts to formally assign their rights to accounts due, as detailed in Exhibit "A." This document allows the Assignor to convey their interest in outstanding receivables to an Assignee. Key features of the form include a declaration of all accounts being assigned, verification that all goods or services have been delivered, and the establishment of the account balance and details. It also clarifies that no payments are contingent on future delivery of services and that the accounts are free from defenses or offsets. For filling and editing, users are instructed to complete the specified sections, ensuring accuracy in the details of accounts and terms of assignment. This form is particularly useful for attorneys and paralegals who manage client finances, partners and owners who handle business transactions, and associates or legal assistants assisting in financial documentation. It supports transparency in financial relationships and helps to streamline the process of transferring receivables.