The Assignment of Money Due is a legal document primarily used in Los Angeles to transfer the rights to collect a specified debt from the Assignor to the Assignee. This form highlights essential details such as the debt amount, due date, and description of the debt, ensuring clarity and legality in the transaction. It includes a non-recourse clause indicating that the Assignee is solely responsible for collection efforts, while the Assignor guarantees the validity of the debt. For target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial tool for managing debts and ensuring proper documentation of financial transactions. Filling out this form requires users to provide accurate descriptions of the debt and include all relevant parties' signatures. Additionally, it is formatted to facilitate straightforward editing and filling in by individuals with varying levels of legal experience, making it accessible and efficient. Overall, this document aids in the secure transfer of financial rights, thereby benefiting those engaged in financial dealings in the Los Angeles area.